Amazon is splitting its $600 million tariff refund with customers - here's who's eligible
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ZDNET's key takeaways
- Amazon has received $600 million in tariff refunds.
- It will be passing those refunds directly to customers.
- Refunds will be automatic, so you don't need to do anything.
Amazon is getting a $600 million refund, and some shoppers will receive a portion of it.
Earlier this year, the Supreme Court ruled that sweeping tariffs enacted by President Donald Trump were, in fact, illegal. As a result, US Customs and Border Protection established a system to process billions of dollars in duty refunds for importers.
In a recent company earnings call, Brian Olsavsky, Amazon's finance chief, explained that the company was participating in that program and getting a "limited" refund of $600 million. That amount was smaller, he explained, because the company had purchased a lot of inventory before the tariffs took effect and because most tariffs...
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