Andy Jassy Predicts Pandemic-Like Consumer Shifts, Says Amazon Is 'Maniacally Focused' On Keeping Prices Low

Benzinga

Amazon CEO Andy Jassy said the company focuses on affordability as he anticipates a possible return to pandemic-like consumer behavior. During Amazon’s first-quarter earnings call, Jassy said the company is closely watching trade tensions and potential tariff increases. He emphasized that low prices are a top priority in the current economic climate. Jassy said Amazon is buying inventory early and urging third-party sellers to do the same to help protect customers from possible price hikes. Some Amazon sellers are scaling back or skipping Prime Day 2025 because of high tariffs on Chinese imports imposed by Trump.

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00:00It's Benzinga bringing Wall Street to Main Street.

00:02Amazon CEO Andy Jassy said the company is focusing on affordability as it anticipates a possible return to pandemic-like consumer behavior.

00:09During Amazon's first quarter earnings call, Jassy said the company is closely watching trade tensions and potential tariff increases.

00:16He emphasized that keeping prices low is a top priority in the current economic climate.

00:21Jassy said Amazon is buying inventory early and urging third-party sellers to do the same to help protect customers from possible price hikes.

00:28Some Amazon sellers are scaling back or skipping Prime Day 2025 because of high tariffs on Chinese imports imposed by President Trump.

00:36For all things money, visit Benzinga.com slash GSTV.

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