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Big companies receive tariff refunds, consumers get almost none

CNN Business ·

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  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.

This 3-line summary is compiled from the report below.

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