US EditionAmazon CEO Andy Jassy says he believes sellers will pass increased tariff costs on to consumers
- Amazon CEO Andy Jassy stated that sellers might pass increased tariff costs to customers, affecting prices.
- Jassy noted that President Donald Trump paused certain tariffs but raised those on China, impacting Amazon's inventory sourcing.
- He emphasized that Amazon is focusing on artificial intelligence, indicating a shift in company strategy.
- Despite potential price increases, Jassy reported no significant changes in consumer behavior since tariffs were announced.
62 Articles
62 Articles
WNTZ FOX 48
Amazon CEO: Sellers will try to pass tariff costs along to buyers
(The Hill) – Amazon CEO Andy Jassy predicted that the retailer’s web of third-party sellers will try to pass the extra costs incurred by the Trump administration's wide-ranging tariffs on to buyers. “I understand why, I mean, depending on which country you’re in, you don’t have 50% extra margin that you can play with,” Jassy said during a Thursday interview with CNBC. “I think they’ll try and pass the cost on.” Winners and losers from the …
Amazon CEO Says You Should Expect Prices to Rise
Nobody seems to know exactly when, who, or how much when it comes to tariff numbers on certain countries. Now that Trump paused tariffs for most countries for 90 days, with the exception of China, automobiles, and a few other specifics, you’d think everything would go sorta, kinda back to normal, the way they sorta, kinda went back to normal for TikTok after the will-he-or-won’t-he soap opera drama of the past three months on its ban has been re…
Coverage Details
Bias Distribution
- 71% of the sources are Center
To view factuality data please Upgrade to Premium
Ownership
To view ownership data please Upgrade to Vantage
