Amazon has revealed that it secured $600 million (approximately ₹5,700 crore) in tariff rebates from the Donald Trump administration during the April-June period. The company stated it will provide automatic refunds to buyers in a "limited set of circumstances." Amazon explained that it was not significantly impacted by the tariffs because it had built up its inventory beforehand. In instances where costs did increase, the company generally covered the tariff expenses itself.

by shortkt.com✓

4 hours ago