Big companies receive tariff refunds, consumers get almost none

1. 1Apple (AAPL), Amazon (AMZN), and Nike (NKE) received tariff refunds last quarter, but consumers got almost none of it back.
2. 2Apple is estimated to have received about $2.2 billion, Amazon $600 million, and Nike $300 million in refunds.
3. 3The government must refund a total of about $166 billion to importers and others, and only parties that paid tariffs directly can file claims.

Source CNN Business · View original ↗

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