Amazon may owe you money: It just got $600 million in tariff refunds after a lawsuit accused it of favoring Trump

For months, Amazon would not say whether it planned to seek a refund on the tariffs President Donald Trump imposed under emergency powers. In May, that silence became a legal problem when consumers filed a class action lawsuit in federal court in Seattle, arguing they were owed refunds for paying tariff-inflated prices and alleging the company wasn’t seeking refunds in order to “curry favor” with Trump.

On Thursday evening, CFO Brian Olsavsky disclosed the company received $600 million in tariff refunds during the second quarter and pledged to automatically issue reimbursements to consumers under a “limited set of circumstances.”

“We are participating in the tariff refund process, and as I mentioned earlier, we received approximately $600 million in Q2. The amount is limited for a couple reasons. First, our teams did a lot of work forward-buying and pre-positioning inventory to avoid tariff costs. Second, we are not the importer of record for the large majority of items sold in our store given suppliers typically handle imports and pay relevant tariffs,” Olsavsky said on the call.

“In cases where we did see an increase in costs due to tariffs, we largely absorbed those costs rather than pass them on to customers.”

In January, Amazon...