Amazon CEO Andy Jassy Says Tariffs Are Starting to Drive Up Product Prices
Tariffs drive up Amazon prices as CEO Andy Jassy confirms rising costs are hitting consumers amid Trump-era trade policies.
Matilda
Amazon CEO Andy Jassy Says Tariffs Are Starting to Drive Up Product Prices
Tariffs Drive Up Amazon Prices, CEO Andy Jassy Warns Consumers shopping on Amazon may soon notice higher prices—and it’s not just inflation to blame. Amazon CEO Andy Jassy confirmed this week that tariffs imposed during the Trump administration are finally catching up with shoppers, as sellers begin passing on increased costs. While Amazon and its third-party vendors initially buffered the blow by stockpiling inventory ahead of tariff deadlines, that cushion has largely run out. Now, those added expenses are starting to show up on price tags across the e-commerce giant’s platform. Credit: Matthias Balk/picture alliance / Getty Images Why Tariffs Are Hitting Amazon Shoppers Now The timing might seem puzzling—after all, many of the relevant tariffs were announced years ago. But as Jassy explained in a recent interview with CNBC, Amazon and its sellers took proactive steps to delay the impact. “We stocked up on inventory ahead of the tariffs to keep prices low,” he said. That strategy worked…
