Amazon says it will share $600 million in Trump tariff refunds with some of its customers — will you get a payout?
In February 2026, the Supreme Court struck down President Trump’s tariffs, ruling that the government owes businesses $166 billion in tariff refunds
Now, company earnings calls at the end of the second quarter are revealing how much these companies have received as a result of the ruling, and what they intend to do with the windfall. Amazon [NASDAQ:AMZN] CFO Brian Olsavsky said in an earnings call that the company received $600 million in tariff refunds and plans to distribute a portion of the funds back to a small selection of customers who paid specific import charges as a result of the tariffs. Must Read – – Dave Ramsey warns nearly 50% of Americans are making 1 big Social Security mistake.
Here’s what it is and 3 simple steps to fix it ASAP – Millionaires under 43 hold only 25% of their wealth in stocks. Here’s where their money is actually going Amazon’s refund is relatively limited compared to many of the other large companies that claimed a tariff refund. Apple [NASDAQ:AAPL] announced that tariff refunds represented 2 percentage points of its 50.1% gross margin.