The trickle-down of increased import costs has resulted in higher-priced gadgets, but the companies that originally hiked prices aren’t about to lower costs even after receiving their own tariff refunds. Apple seems to be one of the biggest beneficiaries of recent tariff refunds. A June report from the U.S. Federal Reserve said 15 to 20% of tariff costs were passed down to consumers. Some companies are using the tariff refunds to stay afloat. Olsavsky further claimed Amazon took some tariff prices on the chin rather than passing them to consumers.