Consumer Prices
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Jassy: Trump Tariffs Drive Up Amazon Prices
Amazon CEO Andy Jassy acknowledges that tariffs are beginning to affect consumer prices as sellers pass on increased costs for imported goods. While initial inventory buffers have largely depleted, some sellers are absorbing costs, others are increasing prices, and some are finding a middle ground. Jassy noted that retail’s slim margins make cost absorption difficult, though consumer spending remains resilient, with shoppers seeking deals and delaying large purchases.