Amazon Tariffs Hit Prices

Benzinga

Amazon said rising tariffs are starting to affect product prices, supplier negotiations, and consumer behavior as earlier inventory stockpiles have been exhausted. Speaking Tuesday at the World Economic Forum in Davos, CEO Andy Jassy said sweeping tariffs imposed by President Trump are now showing up in some prices, with Amazon and third-party sellers no longer able to fully absorb higher costs. Jassy said the company is working to keep prices low, but thin retail margins could make some price increases unavoidable. He added that consumers remain resilient but are trading down or delaying discretionary purchases. Amazon shares fell 3.40% to $231.00 at Tuesday’s close, according to Benzinga Pro.

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

00:02Amazon said rising tariff pressures are beginning to affect product prices,

00:06supplier negotiations, and consumer behavior, according to comments from CEO Andy Jassy on

00:11Tuesday at the World Economic Forum in Davos. Sweeping tariffs imposed by Trump are now

00:16showing up in some prices as earlier inventory stockpiles were exhausted last fall. He said

00:21Amazon and third-party sellers had stocked up ahead of the tariffs but can no longer absorb

00:26higher costs. Jassy said Amazon is working to keep prices low but noted that thin retail margins

00:32may make some increases unavoidable. He said consumers remain resilient but are trading down

00:37or delaying discretionary purchases. Shares were down by 3.4% at $231 at Tuesday's close,

00:44according to Benzinga Pro. For all things money, visit Benzinga.com.

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