- Some third -party sellers from Amazon could try to pass the price costs for buyers, said Amazon CEO.
- Many may not have the beneficiary margins to absorb the tariff costs themselves, said Andy Jassy.
- Donald Trump plans to increase tariffs on China goods to 125% while delaying tasks on other nations.
Expect higher prices from certain Amazon sellers thanks to the prices.
Amazon CEO Andy Jassy said Thursday that sellers will likely try to transmit all the new tariffs to customers in order to protect their beneficiary margins.
“Depending on the country in which you are, you do not have 50% additional margin with which you can play,” said Jassy in an interview with CNBC. “I think they will try to transmit the cost.”
While Amazon continues to develop his retail business directly managed, the majority of its retail sales come from third -party sellers, including many major brands and small businesses that get their supplies in China and other countries.
“We will try to do everything possible to maintain the prices that possible for customers,” said Jassy.
President Donald Trump’s prices – or the spectrum of them – have pushed some customers to make big purchases now or fill up on essentials before additional costs reach the shelves and stores of stores.
Trump delayed a series of 90 -day reciprocal rates on Wednesday. The functions, which Trump announced last week, would have reached imports from a wide range of countries and markets, from the European Union to Vietnam. Instead, import prices from these markets will be 10% for the coming months.
But Trump said on Wednesday that it would increase prices on China’s goods up to 125%, leaving cost increases on the table for a range of companies that make and import consumer goods in the country.
Jassy said that Amazon has seen some of his buyers compete as concerns about prices and higher prices mounted, although he warned that he was still too early to call him a trend.
“We see people buying in advance, but it is difficult to know if it is only an anomaly in the data, because it is only a few days or how long it will last,” Jassy told CNBC.
You or your business have you been assigned by prices? Do you have an idea of a story to share? Contact this journalist at abitter@businessinsider.com
businessinsider
