Warren Buffett and Stephen Curry Charity Dinner Auction Raises $27 Million for Nonprofits 
Honda Shares Jump as Automaker Forecasts Profit Recovery Despite Historic Loss 
BlackRock-Led GCC Infrastructure Partnership Targets $30 Billion Investment 
Judge Rules Use of Military Lawyers in Civilian Prosecutions Is Lawful 
Taiwan Court Fines Tokyo Electron Unit $4.78M in Major TSMC Trade Secrets Case 
Rubio Urges China to Release Jimmy Lai and Political Prisoners 
Elon Musk’s China Influence Faces New Challenges Amid Rising EV Competition 
Ukraine Begins Major POW Swap as 205 Soldiers Return from Russian Captivity 
OpenAI Finds No Evidence of User Data Breach in TanStack npm Supply-Chain Attack 
Applied Materials Forecasts Strong Q3 Revenue as AI Chip Demand Accelerates 
Alphabet Raises Record $3.6 Billion in Yen Bonds to Support AI Expansion 
Trump DOJ Accuses Yale Medical School of Racial Bias in Admissions 
YouTube and Snap Settle School District Mental Health Lawsuit Ahead of Major Social Media Trial 
Anthropic Nears $30 Billion Funding Round at $900 Billion Valuation 
Nvidia’s China AI Chip Sales Remain Frozen Despite U.S. Approval 
Trump Administration Seeks Court Pause to Reinstate 10% Global Tariffs 
Amazon.com Inc. (NASDAQ: AMZN) is facing a proposed class-action lawsuit after consumers accused the company of inflating product prices due to tariffs later ruled unlawful by the U.S. Supreme Court. The case, filed in Seattle federal court, claims Amazon collected hundreds of millions of dollars in added tariff-related costs from shoppers without attempting to recover those funds from the government.
The lawsuit centers on tariffs imposed by President Donald Trump under the International Emergency Economic Powers Act (IEEPA). In a 6-3 ruling issued earlier this year, the Supreme Court determined Trump exceeded his executive authority by using the law to implement broad trade tariffs. Following the decision, thousands of businesses reportedly began pursuing refunds from the federal government for tariff payments.
According to the complaint, Amazon has chosen not to seek reimbursement, despite allegedly passing the higher import costs directly to consumers through increased prices on imported goods. Plaintiffs argue that ordinary consumers cannot legally request tariff refunds themselves, leaving retailers as the only possible target for financial recovery.
The lawsuit also alleges Amazon’s refusal to pursue refunds may be politically motivated. Court filings reference reports from April 2025 claiming Amazon considered displaying how much of a product’s price came from IEEPA tariffs. The reports triggered criticism from the White House and allegedly led to a direct phone call between Donald Trump and Amazon Executive Chairman Jeff Bezos.
Amazon later denied it planned to display tariff charges on product listings. However, plaintiffs argue the incident demonstrates the company’s desire to avoid conflict with the Trump administration by allowing the government to retain the disputed tariff revenue.
The legal complaint includes claims of unjust enrichment and violations of Washington state consumer protection laws. Amazon has not publicly commented on the ongoing litigation.
AMZN stock closed at $264.14, down 1.15%, with shares slipping further in after-hours trading.
