The Amazon CEO, Andy Jassy, gave a warning to the Americans with wallet care as a result of the tariff agenda of President Trump who gave to the site everything that many have come to depend on the prices of May in common items.
Jassy issued an equivocal warning warning to Amazon customers that the world’s most popular retailer faces challenges of the impulse of Trump administration rates, declaring in an interview with Andrew Ross Sorkin of CNBC in the beer “. That day that day that day that the day of the day of that day is the day him levad him
“I guess vendors will pass that cost,” Jassy said on the cost of tariffs. “And I understand why, I mean, depending on which country you are in, you don’t have an additional margin of 50% with which you can play.”
“It is very early at this time, but we still don’t see any change in consumer behavior in a significant way,” Jassy said.
The CEO declared that there are potential problems of “discontinuity” for the site, since they face a possible demand for certain types of cheap products made abroad, but he took care of China, when the interviewer requested it.
“Obviously, China’s piece is still in a large part of its vendors and other manufacturers that they sell through Amazon Manufacture in China,” Sorkin offered as a main question.
“Well, it’s hard to know what really happens. You know, there is a lot
Sorkin persisted and referred to reports that Amazon “reduced” to buy certain products of the communist nation.
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The Amazon CEO said the company will try to prevent high prices through “strategic inventory purchases forward” in popular items and the renegotiation of agreements with suppliers.
Jassy also commented on the behavior of the advertising plans of other companies in front of tariffs, such as Warner Brothers, Delta and Walmart and stressed, it is difficult to know what will really happen. “
“I understand why companies are nervous at this time. It is very early. You do not know, but the concern, of course, when you have things like rates is that it will create macro problems where it depresses demand or driving.”
Jassy said Amazon communicates with the Trump administration “all the time” in a variety of themes, including rates.
“We share with them different, you know, things that we believe are important for consumers, the things we think they matter for the company. We also have some tariffs about rates. And we share what are some of the concerns and are aware of them.”
JASSY ALSO REFUSED TO COMMENT ON REPORTS THE COMPANY WAS BIDDING ON CHINEE-OWNED SOCIAL MEDIA APP TIKTOK TIKTOK, SAYING CAUTIUSLY, “I DON’T KNOW. HAVING HAVING AND MORE HAVING HAVING HAVING AND MORE HAVING HAVING AND MORE HAVING HAVING AND MORE HAVING HAVING AND MORE HAVING HAVING AND MORE HAVING HAVING AND MORE HAVING AND MORE COMPLAY.
“If this does not work, being a politician could,” Sorkin joked, with respect to CEO not will to give a direct answer.
Amazon shares fell approximately 6% on Thursday, but increased approximately 8% in the week and reached a high record valuation of $ 242.06 per share on February 4 of this year.
