Amazon CEO: Sellers Will Pass On Tariff Costs to Shoppers

Amazon CEO Andy Jassy, ​​Amazon vendors will probably meet the prices of consumers, said that President Donald Trump will meet the tariffs.

“I think [sellers] Will try and the cost will pass, “said Jassy said CNBC in an interview.

Trump received all trading partners and all trading partners and “at least” that can affect consumer prices in this week. Tariff news throws Amazon vendors to panic, as most of the goods on the platform come to 70% of products with 70% of products from China.

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Although the sellers decided to increase prices or win tariff expenses, some Amazon recipients can meet the tariffs by collecting prior price increase – CASY says that the short-term nature of the short-term nature of the shopkeeper is a long-term tendency.

“People haven’t stopped shopping and see that in certain categories, they buy in advance, but it’s hard to know if there is only one anomaly, because it’s a few days or how long it will last,” said Jassy CNBC.

Amazon CEO Andy Jassy. Photographer: Michael Nagle / Bloomberg, through Getty Images

The Amazon market consists of about 9.7 million vendors that contribute 60% of sales on the platform. According to Fox’s workMore than half of the most sold in Amazon are located in China.

Jassy said CNBC This Amazon receives some “strategic” inventory and tries to recreate terms for some purchase orders in response to tariffs. According to BloombergAmazon, beach chairs, scooters, air conditioners and last week after the April 2 Tariff Plan, many amazon vendors canceled orders for other products in China.

Amazon still spends on AI

Jassy announced a joint-stock letter on Thursday, describing the reasons why Amazon spent $ 100 billion this year this year.

According to the letter, the EU has demanded the “significant investment”, but one day “today is not as expensive as it is, as the value of the AI ​​chips decreases.

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