{"id":15732,"date":"2025-04-11T01:47:07","date_gmt":"2025-04-11T01:47:07","guid":{"rendered":"https:\/\/imsfund.com\/?p=15732"},"modified":"2025-04-11T01:47:07","modified_gmt":"2025-04-11T01:47:07","slug":"amazon-ceo-sellers-will-pass-on-tariff-costs-to-shoppers","status":"publish","type":"post","link":"https:\/\/imsfund.com\/index.php\/2025\/04\/11\/amazon-ceo-sellers-will-pass-on-tariff-costs-to-shoppers\/","title":{"rendered":"Amazon CEO: Sellers Will Pass On Tariff Costs to Shoppers"},"content":{"rendered":"


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Amazon CEO Andy Jassy<\/a> said on Thursday that Amazon sellers would probably respond to President Donald Trump’s tariffs by raising prices for consumers.<\/p>\n

“I think they [sellers] will try and pass the cost on,” Jassy told CNBC<\/i><\/a> in an interview.<\/p>\n

Trump levied a 10% tariff<\/a> on all trading partners and an “at least” 145% tariff<\/a> on China earlier this week that could impact consumer prices<\/a>. The tariff news has thrown Amazon sellers into a panic because the majority of goods on the platform, up to 70% of products<\/a> per Wedbush Securities estimates, come from China.<\/p>\n

Related:<\/b> Amazon CEO Andy Jassy Says There’s One Trait That Contributes ‘an Embarrassing Amount’ to Being Successful<\/a><\/p>\n

While sellers decide whether to raise prices or absorb tariff costs, some Amazon shoppers could be responding to tariffs by stocking up before any price hikes \u2014 though Jassy says the short-term nature of shopper data makes it hard to tell if it’s a long-term trend.<\/p>\n

“People have not stopped buying, and in certain categories, we do see people buying ahead, but it’s hard to know if it’s just an anomaly in the data because it’s just a few days, or how long it’s going to last,” Jassy told CNBC<\/i>.<\/p>\n

\"\"Amazon CEO Andy Jassy. Photographer: Michael Nagle\/Bloomberg via Getty Images<\/i><\/sup><\/p>\n

Amazon’s marketplace consists of roughly 9.7 million sellers<\/a> that contribute to 60% of sales<\/a> on the platform. According to Fox Business<\/i>, more than half<\/a> of the top sellers on Amazon are based in China.<\/p>\n

Jassy told CNBC<\/i> that Amazon has made some “strategic” inventory buys and is trying to renegotiate terms for some purchase orders in response to tariffs. According to Bloomberg<\/i><\/a>, Amazon canceled orders for beach chairs, scooters, air conditioners, and other products from numerous Amazon sellers in China last week after Trump announced his tariff plan<\/a> on April 2.<\/p>\n

Amazon Is Still Spending on AI<\/h2>\n

Jassy also released his annual shareholder letter<\/a> on Thursday, outlining the reasons why Amazon is set to spend $100 billion<\/a> this year on AI.<\/p>\n

According to the letter, Jassy said that AI currently requires a “substantial capital investment,” but will one day “not be as expensive as it is today” as the cost of AI chips goes down.<\/p>\n

Related: <\/b>Amazon CEO Andy Jassy Says Earning Employees’ Trust Takes More Than ‘Being Nice’ \u2014 Here’s How He Does It<\/a><\/p>\n<\/p><\/div>\n


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Source link <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Amazon CEO Andy Jassy said on Thursday that Amazon sellers would probably respond to President Donald Trump’s tariffs by raising prices for consumers. “I think they [sellers] will try and pass the cost on,” Jassy told CNBC in an interview. Trump levied a 10% tariff on all trading partners and an “at least” 145% tariff […]<\/p>\n","protected":false},"author":5,"featured_media":15733,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"site-sidebar-layout":"default","site-content-layout":"","ast-site-content-layout":"default","site-content-style":"default","site-sidebar-style":"default","ast-global-header-display":"","ast-banner-title-visibility":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"","ast-breadcrumbs-content":"","ast-featured-img":"","footer-sml-layout":"","ast-disable-related-posts":"","theme-transparent-header-meta":"","adv-header-id-meta":"","stick-header-meta":"","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":"","astra-migrate-meta-layouts":"default","ast-page-background-enabled":"default","ast-page-background-meta":{"desktop":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"ast-content-background-meta":{"desktop":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"fifu_image_url":"https:\/\/assets.entrepreneur.com\/content\/3x2\/2000\/1744317602-Jassy-GettyImages-2201505679.jpg?format=pjeg&auto=webp","fifu_image_alt":"","footnotes":""},"categories":[9],"tags":[],"class_list":["post-15732","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-blog"],"_links":{"self":[{"href":"https:\/\/imsfund.com\/index.php\/wp-json\/wp\/v2\/posts\/15732","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/imsfund.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/imsfund.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/imsfund.com\/index.php\/wp-json\/wp\/v2\/users\/5"}],"replies":[{"embeddable":true,"href":"https:\/\/imsfund.com\/index.php\/wp-json\/wp\/v2\/comments?post=15732"}],"version-history":[{"count":1,"href":"https:\/\/imsfund.com\/index.php\/wp-json\/wp\/v2\/posts\/15732\/revisions"}],"predecessor-version":[{"id":15734,"href":"https:\/\/imsfund.com\/index.php\/wp-json\/wp\/v2\/posts\/15732\/revisions\/15734"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/imsfund.com\/index.php\/wp-json\/wp\/v2\/media\/15733"}],"wp:attachment":[{"href":"https:\/\/imsfund.com\/index.php\/wp-json\/wp\/v2\/media?parent=15732"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/imsfund.com\/index.php\/wp-json\/wp\/v2\/categories?post=15732"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/imsfund.com\/index.php\/wp-json\/wp\/v2\/tags?post=15732"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}