Amazon just pocketed $600 million in tariff refunds and says some of it will trickle back to shoppers—though exact amounts depend on whether they can trace charges to your purchases. Their CFO credits smart inventory moves and being a minor importer for absorbing most tariff costs. This refund wave follows a Supreme Court ruling declaring broad tariffs invalid, triggering billions in customs refunds nationwide. Amazon stayed quiet until now, amid lawsuits claiming shoppers deserve compensation—and whispers they held back refunds to appease the old administration. Meanwhile, Walmart plans to reinvest in lower prices, Costco is still figuring out how to pass some back, and Apple saw a nice earnings boost from its own refunds.
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