AmazonThird -party sellers of “are likely to pass the cost of tariffs to consumers, CEO of Amazon Andy Jassy said Thursday, April 10.
Interviewed on CNBC, which shared the video On his website, Jassy said the sellers may not have the margin to absorb the prices themselves.
“So I think they will try to transmit the cost,” said Jassy.
Asked about the reports that Amazon reduced his purchases in China, Jassy said that the company was doing everything it can to maintain the prices as low as possible for its customers.
“We have purchased strategic term stocks, to get as many items as it is logical for customers at lower prices,” said Jassy. “There are cases where we have offers that have been negotiated that have not been made, where we renegotiate the terms to allow customers to drop more easily. We will therefore do everything possible to maintain the prices as low as possible. ”
Because the prices are still new and are in flow, Amazon has not seen any significant change in consumer behavior, said Jassy. Customers have not stopped buying and, in some cases, can buy in advance to avoid prices, but it is still difficult to say.
In his AWS Business Cloud Computing, the company buys pieces from around the world, and this company has “very significantly” diversified its supply chain, leaving five years ago, said Jassy.
“We have components everywhere, it’s not just a country, but we have such a high demand right now for AWS and AI, growth is so important that we see no attenuation of demand and we will continue to build,” said Jassy.
It was reported Wednesday April 9 canceled Orders of several sellers in China and other Asian countries after President Donald Trump announcement on April 2 that the United States planned to perceive price on goods of more than 180 countries.
It was also reported Wednesday, China is home to about half of Amazon merchants because of the new priceThese sellers face a choice between hiking their prices or leaving the platform.
Among five sellers interviewed by Reuters, three said they would examine hiking prices for their exports to the United States, while two planned to leave the market.
