Amazon CEO: The “meaningful” prices do not exceed the products you buy


Amazon Andy Jassy CEO on the stage in front of a mark with words sagemaker ai

Amazon Andy Jassy CEO on the stage during the presentation on February 26, 2025, in New York City.

Corin Cesarric/CNET

During the Amazon annual shareholders meeting this week, CEO Andy Jassi said that the giant retail seller has not yet discovered major changes in the average prices or the request of shoppers caused by the definitions imposed by the United States.

Jassi said at the meeting that was Almost. “We also have not seen any average meaningful meaning prices.”

Other adult retailers, including goal and Wal Mart I acknowledge that the customs tariff can reach higher prices. You can monitor the price tariffs of prices with prices CNET customs tariffsWhich monitors the prices of 11 popular products.

Al -Amazon said previously He was storing some goods and making changes in the supply chain to try to maintain low prices for customers.

At one point, the United States imposed a 145 % tariff on the goods imported from China. Products like electronics from ANKER seem to be affected, Causing the price increased by about 18 %. But a deal with China The tariff rate rolled back to 30 % For at least 90 days.

A tariff on car parts made in other countries stimulating Subaru to raise prices On some of its vehicles.

Some shoppers see things differently

Consumers who shop from Amazon may not see the effects of definitions yet, as Jassy says, but this does not mean that they are not worried.

“People are still spending, but they are more intended to do so. Life is not only slowing because prices rise,” he said. Stephanie CarlsRetailmenot, retail expert in Retailmenot, voucher assembly site.

A retail survey showed from early May that 81 % of shoppers were already feeling the effects of definitions on daily purchases, and that nine out of 10 planned to reduce summer expenses, eat in the first place and eat abroad. Meanwhile, 55 % said they feel more pressure on the budgets of their families.

Carls said that Retailmenot is witnessing some third-party sellers on the Amazon market, which are the prices or reduce the promotions-even some of them plan to sit on the day of peak. Some consumers store items that precede the expected high prices: according to the company’s survey, 60 % of shoppers expects shopping on holidays before the end of the summer.

The other way that makes Amazon make customers continue spending “pre -order options that close prices.” “Wonderful example is Squishmlows Star Wars – available for $ 19.99 now, shipping in December. “



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