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Amazon CEO Andy Jassy Warns: Tariff Hikes Likely to Raise Consumer Prices

The new tariffs—some exceeding 100% on goods from key trading partners—have sent ripples through global supply chains, prompting companies like Amazon to scramble in response.

Sara Jones by Sara Jones
April 11, 2025
in Business, Markets, News, Technology
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Amazon CEO Andy Jassy has raised concerns that recent increases in international tariffs will likely lead to higher prices for consumers, as third-party sellers grapple with rising import costs. Speaking on the growing economic strain from new trade policies, Jassy indicated that many sellers, operating on already thin margins, may be left with no choice but to pass those costs directly onto buyers.

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“These sellers don’t have the buffer to absorb tariffs of this magnitude,” Jassy said. “If their costs go up significantly, prices will follow.”

The new tariffs—some exceeding 100% on goods from key trading partners—have sent ripples through global supply chains, prompting companies like Amazon to scramble in response. Jassy revealed that Amazon is taking steps to shield consumers where possible, including adjusting supplier agreements and sourcing strategies, but cautioned that the full impact may still be felt in the coming months.

Amazon prices will likely rise due to tariffs, CEO says

One of the key measures Amazon has already taken includes advancing inventory purchases and reducing reliance on suppliers from heavily affected regions. Still, Jassy warned that these efforts have limits. “We’re doing everything we can to maintain price stability, but the scale of these tariffs makes some increases unavoidable,” he added.

He also noted early signs of shifting consumer behavior, with some shoppers already beginning to stockpile certain goods in anticipation of price hikes. Whether this trend continues remains to be seen, but Jassy urged consumers to stay informed as the situation develops.

Amazon CEO issues four-word warning to US consumer over Trump tariffs - The  Mirror US

As tensions rise around international trade, businesses across sectors are bracing for economic turbulence. For millions of everyday consumers, the warning is clear: prices on familiar goods may soon look very different.

Tags: amazonAmazon CEO Andy JassyAmazon CEO Andy Jassy Warns: Tariff Hikes Likely to Raise Consumer PricesAmazon newsAmazon updatesas third-party sellers grapple with rising import costs.tech newstechstory
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