Amazon Received a $600 million tariff refund from Donald Trump; part of the amount will be returned to consumers
Amazon It was disclosed on Thursday that the company had received a $600 million tariff refund after the U.S. Supreme Court ruled that many of the tariffs imposed by former President Donald Trump were illegal. The company expects to pass on a portion of the refund to consumers. Amazon Chief Financial Officer Brian Olsavsky said the company will proactively contact affected customers and issue automatic refunds in specific cases; otherwise, like other major retailers, it will use the refund to continue investing in offering low prices to customers. In February of this year, the U.S. Supreme Court ruled that the tariffs imposed by Donald Trump under the International Emergency Economic Powers Act of 1977 were invalid.
Source:CNBC头条 · Source Link
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