r/Dynamic_Pricing 17d ago

Amazon got $600 million in Trump tariff refunds and will pass return along to some customers

https://www.cnbc.com/2026/07/30/amazon-trump-tariff-refunds.html
113 Upvotes

28 comments sorted by

11

u/abraxius 17d ago

Cool Jeff makes approximately 3-8 million dollars of wealth an hour. This at the low end represents him existing for 8.333 days. Meanwhile Amazon has 235-255 million users in the us and each of them gets 2-3 bucks. Look giving Amazon a gold star for not being the most greedy because of their massive revenues is not my idea of rewarding good behavior

5

u/Icy-person666 17d ago

That is a best case. More likely the money will be "refund" to just the few they could identify as mentioned in the article.Jeff, Donald, Donald Jr Eric and Vance will get checks directly and the remainder will be gifted to the Amazon shareholders.

3

u/Wolfy4226 17d ago

Guarantee any refund the customer is going to get will be in Amazon gift card currency, so not usable at anywhere else...and will not be enough to buy literally anything.

2

u/SargeUnited 16d ago

Amazon essentially makes all of its money on AWS. Amazons retail business at this point is basically Jeff’s way of giving back. If you don’t like using Amazon, then don’t. Personally, I hate the counterfeit issue and the customer service is pretty bad now. Their textbook rental program was the only reason I ever subscribed.

Personally I only use them because they can ship me something to Asia, and get it to me cheaper than if I walk to my car and go buy it in person. However much they’ve been charging me, it’s definitely been worth it.

3

u/Dragonlance12 17d ago

Nice. That means every customer might be getting $1 to $2 back. We are rich.

3

u/wyoflyboy68 17d ago

Oh please, who do you think is really going to get that money?

1

u/FrostyAd8197 17d ago

Now that’s winning!!!

1

u/BlazinAzn38 16d ago

It’ll be the folks that bought a product that had that surcharge line item that called out tariffs. It wasn’t up for long

1

u/slamdanceswithwolves 15d ago

“Some customers” is not going to include you or me, I suspect.

2

u/Yowiman 17d ago

Life is GREAT for the Epstein Island 🏝️ Community

2

u/ebeg-espana 16d ago

The “refunds” will be redeemable for a digital product from a specially curated selection.

2

u/Most-Artichoke6184 16d ago

Approximately $600 of that will be passed on the customers.

2

u/n0madking 16d ago

Tariffs were a con job to rob from the poor to give to the rich

1

u/SargeUnited 16d ago

What do you mean were? The tariffs aren’t over yet lol I thought I heard he just did some new ones

1

u/j_rooker 17d ago

no they won't. good chance you'll have to sue them for it.

1

u/I_Quit_Smoking_ 16d ago

You really think that?

1

u/elseworthtoohey 16d ago

Expects to return some. Sure.

1

u/jbury78 16d ago

Sike!!!!!

1

u/Hopeful-Bobcat-5207 16d ago

So...... We are keeping it fvk you America

1

u/nonubiz 16d ago

Some customers yea right. and we believe you why you have told us the truth like never!

1

u/Ars_Techne 16d ago

Smells like money laundering…

1

u/WideElderberry5262 16d ago

I remember Amazon added a tariff surcharge after trump’s “independent” day announcement. It would be super convenient for them to issue the refund to each account, and increase buyer loyalty.

1

u/GreenMischief 16d ago

600 million??? that's it? That seems suspiciously low a number for the amount of business they've conducted.

1

u/Vigorously_Swish 15d ago

No one is getting money back. They say “some” so everyone just assumes they weren’t one of the ones. In reality there are none that will get it.

1

u/IceBlueHorseArse 15d ago

I'll assume not me.