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Amazon's CEO: No 'Meaningful' Price Increases Yet on the Products You're Buying
- Amazon CEO Andy Jassy stated on February 26, 2025, during the annual shareholder meeting in New York City that tariffs have not caused significant price increases or reduced consumer demand on Amazon.
- This follows ongoing US-China tariff tensions and Amazon’s earlier decision to scrap listing tariff costs after President Trump called Jeff Bezos to object.
- While some Amazon third-party sellers raised prices, others kept prices stable, contrasting with retailers like Walmart and Target warning about possible tariff-driven price hikes.
- Jassy noted that there has been no decline in consumer demand so far, and Amazon has not experienced significant increases in average selling prices, highlighting the company's commitment to keeping prices steady.
- With tariffs paused until August and ongoing market adjustments, Amazon’s current data suggests limited impact on prices and demand but indicates the need for continued monitoring.
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Amazon CEO Andy Jassy: Trump's Tariffs Have Not Impacted Prices or Consumer Demand
Amazon's CEO Andy Jassy has revealed that the company has not seen significant changes in average selling prices or consumer spending habits based on Donald Trump's tariff policy. His statements at Amazon's annual shareholder meeting serves as another nail in the coffin for warnings of economic doom spouted by hysterical Trump haters. The post Amazon CEO Andy Jassy: Trump’s Tariffs Have Not Impacted Prices or Consumer Demand appeared first on Br…
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Total News Sources15
Leaning Left2Leaning Right3Center4Last UpdatedBias Distribution44% Center
Bias Distribution
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44% Center
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C 44%
R 33%
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