--- title: "Amazon receives a $600 million tariff refund and will pass some of it back to consumers" type: "News" locale: "en" url: "https://longbridge.com/en/news/294564680.md" description: "Amazon announced that it has received approximately $600 million in tariff refunds and will return part of it to consumers. This move stems from the U.S. Supreme Court ruling that the tariffs imposed by the Trump administration under the IEEPA were illegal. If refunds cannot be traced back to specific transactions, Amazon will use the refunds for its low-price strategy to reduce costs. Previously, companies such as Apple and Walmart have also applied for refunds, indicating that this policy has a substantial impact on corporate profits" datetime: "2026-08-01T00:20:04.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/294564680.md) - [en](https://longbridge.com/en/news/294564680.md) - [zh-HK](https://longbridge.com/zh-HK/news/294564680.md) --- # Amazon receives a $600 million tariff refund and will pass some of it back to consumers American e-commerce giant Amazon (AMZN-US) announced that it has received approximately $600 million in tariff refunds and stated that it will return a portion of this to consumers. This is the first time Amazon has publicly disclosed the refund amount and subsequent handling methods following the U.S. Supreme Court's ruling that several tariff measures implemented by the Trump administration under the International Emergency Economic Powers Act (IEEPA) of 1977 were illegal. Amazon's Chief Financial Officer Brian Olsavsky stated during the second-quarter earnings call that the company has participated in the government's tariff refund process, receiving about $600 million in refunds for the second quarter. He pointed out that the company has identified some transactions traceable to consumers paying specific import costs, and in the future, after receiving the relevant refunds, it will proactively contact affected customers and automatically return the refunds to consumers. Olsavsky indicated that if specific transactions cannot be directly traced, Amazon will, like other large retailers, use the refunds to continue investing in low-price strategies to reduce consumers' shopping costs. In February of this year, the U.S. Supreme Court ruled that several tariffs imposed by the Trump administration under the International Emergency Economic Powers Act of 1977 were not legitimate, and the government must refund the tariffs paid by affected businesses in the past. Large companies, including Apple (AAPL-US), Walmart (WMT-US), Costco Wholesale (COST-US), Home Depot (HD-US), and General Motors (GM-US), have previously indicated that they would apply for tariff refunds. On the same day, Apple noted in its earnings report that its third-quarter earnings per share increased by 11 cents due to tariff refunds, which corresponds to an approximately 5% increase in earnings per share, indicating that the refunds have begun to make a tangible contribution to corporate profits. Amazon has not previously disclosed whether it has applied for refunds. In May of this year, a federal court in Seattle heard a consumer class-action lawsuit in which the plaintiffs claimed that the prices of goods increased due to higher tariffs, and if companies receive refunds, consumers should also share in the benefits of those refunds, accusing Amazon of delaying its refund application to "please" the Trump administration In fact, Amazon and the White House had friction over tariff policies. In April 2025, media reports revealed that Amazon planned to indicate the cost increase due to Trump tariffs on certain product pages, which displeased the White House. According to NBC News, Trump even personally called Amazon founder and chairman Jeff Bezos to express his opposition. Olsavsky also explained that the scale of refunds Amazon obtained this time is relatively limited, due to the company's advance procurement and pre-deployment of a large inventory before the tariffs officially took effect, which reduced the number of products subsequently affected by the tariffs. In addition, most of the products sold on the Amazon platform are not imported by Amazon as the importer of record, so refunds cannot be applied for all products. Currently, over 60% of the products on Amazon's marketplace are sold by third-party sellers, many of whom have been forced to raise prices due to increased tariff costs and have begun to apply for tariff refunds from the government. As the refund process continues, the market will also pay attention to whether other large retailers will follow Amazon's lead in passing some refunds back to consumers or giving back to the market through price reductions, promotions, and other means ### Related Stocks - [WMT.US](https://longbridge.com/en/quote/WMT.US.md) - [AMZN.US](https://longbridge.com/en/quote/AMZN.US.md) - [AAPL.US](https://longbridge.com/en/quote/AAPL.US.md) - [COST.US](https://longbridge.com/en/quote/COST.US.md) - [HD.US](https://longbridge.com/en/quote/HD.US.md) - [GM.US](https://longbridge.com/en/quote/GM.US.md) ## Related News & Research - [Walmart on the Trail for More Vietnamese Suppliers in Global Expansion Push](https://longbridge.com/en/news/293786248.md) - [Walmart Stock’s Extended Downturn Could Trigger a Possible Comeback](https://longbridge.com/en/news/293481823.md) - [Are tariffs the new normal?](https://longbridge.com/en/news/294375494.md) - [Amazon received $600M in Trump tariff refunds, will return some to customers](https://longbridge.com/en/news/294567968.md) - [Colgate Warns New Tariffs Will Outweigh Recent Refund Windfall](https://longbridge.com/en/news/294526754.md)