Amazon said this week that it received hundreds of millions of dollars in refunds from President Trump’s tariffs and pledged to return some of the profits to its customers.
This follows a Supreme Court decision earlier this year that many of the Trump administration’s tariffs were illegal, prompting the U.S. government to start a process to refund billions of dollars in import taxes to affected companies.
Brian Olsavsky, the chief financial officer of Amazon.com, Inc., said during a Thursday earnings call that the company is “participating in the tariff refund process” and received an amount of $600 million in its second financial quarter.
Olsavsky noted that the company worked on the front end to avoid tariff costs and noted that Amazon is “not the importer of record for the large majority of items sold in our store.”


Since U.S. President Donald Trump imposed an executive order in January threatening tariffs on any country that ships fuel to Cuba, major media outlets have descended on the island to report on the resulting prolonged blackouts, collapsing hospitals, and piles of uncollected trash.
Earlier this month, Israel's National Security Minister Itamar Ben Gvir announced that Israel would use Nile crocodiles as prison guards for Palestinian political prisoners.
The father of a teenage student who killed two teachers and two classmates in a Georgia high school shooting two years ago was sentenced on Thursday to 15 years in prison for providing his son with the weapon used in the attack.
Gas prices are up almost a dollar a gallon since the day Donald Trump took office; mortgage rates just hit their highest level in nearly a year, and over the weekend a prominent economist said the Iran war is costing the average US household more than $1,200.
A US government map of Africa mislabeled every country during a state department presentation at a global conference in Brazil this week, causing a stir among attenders who took screenshots and posted them online.
Progressive Abdul El-Sayed is leading Rep. Haley Stevens (D-Mich.) by 15 points ahead of next week’s Democratic primary for Michigan’s open Senate seat, according to a new poll.





























