Amazon CEO Andy Jassy says he believes sellers will pass increased tariff costs on to consumers

Amazon CEO Andy Jassy said Thursday the company is still digesting the impact of the President Donald Trumps luck s rates of sweepBut that his pottled third party sellers can “pass that cost” to consumers.

“Head because, I mean, according to which country you are, you do not have 50 margins that you can play with”, Jassy said in an interview with Andrew and Andrew Red. “I think they are looking for the cost.”

The Third Amazon’s Favoritory Favorite Favorite Favorite, many are based on China or source their products from the region. Third party sellers now for about 60% of all products sold on Amazon site.

Jassy, ​​what has released their letter of annual drive First of the day, he said the company “striate inventory fellows” and watched the terms on some purchase orders in an effort to keep prices.

Amazon began to cancel some direct import orders for sellers in China this week following trump fees announcement. Some home country sellers and cooking accessory, they had ready for vehicula to receive apart, only to receive a notification via a seller, called seller.

Amazon has seen some evidence of shot consumers on plain shows, but it is well soon to say that the spector is, saying.

“People have no purchase recovery and in some categories, we see the people who purchase ahead but it is a DATA in the data because it is from last,” Jassy said.

Trump Last week signed an executive order imposes a floor of land time. Within the days he reversed the inverted course and left specific fees to a picture of 10% universal for all trading partners, except China.

The fees could lift potential costs for firms, infirmacture building to gather artificial intelligence, as the artificial centers. Amazon’s cloud’s computer business business has been a great benefit of that question, and the company has engaged to pass up to $ 100 billion This year on the technology AI.

Jassy said Web Web are initiated the process of diversifying the sticky chain, “not only. The company has not planned to slow the new centers of the new data, has added.

“We’re going to keep building”, Jassy said.