Amazon to refund part of $600M tariff windfall to eligible customers

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Amazon has received approximately $600 million in refunds stemming from Trump-era tariffs and plans to pass a portion back to shoppers. CFO Brian Olsavsky confirmed that customers with identifiable import charges will be automatically reimbursed, while remaining funds will be used to reduce prices broadly. The relatively modest refund size reflects Amazon's strategy of building up inventory ahead of tariff hikes. Additionally, Amazon is not the importer of record for most products, as third-party sellers make up over 60% of marketplace sales, limiting its direct tariff exposure.

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