Amazon’s $600m tariff refund: Who gets it, and who doesn’t

Amazon has received about $600 million in Trump tariff refunds and will return part of it to shoppers. Finance chief Brian Olsavsky said customers with traceable import charges will be contacted and reimbursed automatically, while the rest funds lower prices. The refund is small because Amazon stockpiled inventory early and isn’t the importer of record for most items, with third-party sellers accounting for over 60% of marketplace sales. Amazon has received about $600 million in Trump tariff refunds and will return part of it to shoppers. Finance chief Brian Olsavsky said customers with traceable import charges will be contacted and reimbursed automatically, while the rest funds lower prices. The refund is small because Amazon stockpiled inventory early and isn’t the importer of record for most items, with third-party sellers accounting for over 60% of marketplace sales.