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Markets

Amazon to give customers part of $600M tariff refund

Published 31 July 2026

Amazon announced on Thursday, July 30, 2026, that it has received approximately $600 million in tariff refunds from the U.S. government and will return a portion of that money directly to customers who paid higher prices due to the now-invalidated import duties. The disclosure came during the company's second-quarter earnings call, where Chief Financial Officer Brian Olsavsky outlined the plan.

The refunds stem from a U.S. Supreme Court ruling in February 2026, which struck down sweeping tariffs imposed by former President Donald Trump under the International Emergency Economic Powers Act. The court found the administration exceeded its authority by enacting the tariffs without congressional approval. Following the decision, U.S. Customs and Border Protection established a portal for businesses to apply for reimbursement of duties paid. Court documents indicate U.S. businesses had paid around $166 billion related to these tariffs.

Olsavsky stated that Amazon has identified a limited set of circumstances where it can trace that specific import charges were passed on to customers. For those transactions, the company will proactively contact affected customers and automatically...

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