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FrontRow · Jul 31, 2026

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Amazon disclosed that it has received $600 million in tariff refunds after the Supreme Court ruled that many of President Donald Trump's levies were illegal, and it expects to return some of that cash to customers. "We are participating in the tariff refund process and, as I mentioned earlier, we received approximately $600 million in Q2," Brian Olsavsky, Amazon's finance chief, said on the company's earnings call. In February, the Supreme Court invalidated Trump's tariffs imposed under the International Emergency Economic Powers Act of 1977, forcing the government to pay back duties to companies that imported goods into the U.S. that were hit by tariffs. Major companies, including Apple, Walmart, Costco, Home Depot and General Motors, all said they would apply for refunds. Trump told CNBC in April he'd "remember" companies that don't seek refunds, when asked whether companies, including Amazon, might be avoiding doing so because they're worried about offending him.

Amazon disclosed that it has received $600 million in tariff refunds after the Supreme Court ruled that many of President Donald Trump's levies were illegal, and it expects to return some of that cash to customers. "We are participating in the tariff refund process and, as I mentioned earlier, we received approximately $600 million in Q2," Brian Olsavsky, Amazon's finance chief, said on the company's earnings call. In February, the Supreme Court invalidated Trump's tariffs imposed under the International Emergency Economic Powers Act of 1977, forcing the government to pay back duties to companies that imported goods into the U.S. that were hit by tariffs. Major companies, including Apple, Walmart, Costco, Home Depot and General Motors, all said they would apply for refunds. Trump told CNBC in April he'd "remember" companies that don't seek refunds, when asked whether companies, including Amazon, might be avoiding doing so because they're worried about offending him.

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