Amazon CEO Andy Jassy, ​​tariffs did not bite consumption costs

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Andy Jassy, ​​Director General of Amazon, speaks of February 26, 2025 in New York.

Michael Nagle | Bloomberg | Getty pictures

Amazon CEO Andy Jassy said that consumers who tighten their wallets in front of the company on Wednesday Donald Trumpbroom tariffs.

Jassy’s comments, Amazon’s first annual joint-stock meeting was held on Wednesday.

“We did not see any reduction in the demand at the moment,” Jassy said during the meeting and part of the meeting. “We still did not see any meaningful average sales price increases.”

Amazon and other retailers continue to digest the effects of Trump’s tariffs. Before this month, Amazon pointed As one of the few factors that can lead the “Tariffs and Trade Policy” to change the current quarter.

Rival retailer Diamatic He warned last week Consumers were able to see the price increases from tariffs this month and in June. During the days it burned the Trump IRE, Who called The company “will eat tariffs”.

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Target gossip Wednesday, some items need to increase prices in some items House warehouse gossip Waiting to protect current price levels.

Amazon, tariff hit is significantly exposed to buyers through the retail section, which is a source of goods in China. Joker He said last month The company is to “get a strategic forward inventory” for collecting goods on the goods and keeps prices for buyers “pretty maniac focus”.

About 60% of the products sold third party vendors, Prices have increased In some items, others chose to keep prices continuously, and said on Wednesday.

“I think the diversity and size of our market really helps customers the best choice of best prices,” he said.

The Amazon Investors prior to the Q. and part of the part, the company’s waste report, warehousing conditions and information centers climate the impact of the information centers, the climatic impact of information centers among others.

All of the resolutions recommended against investors against Amazon were rejected. The voting is expected to be released after a while.

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