By Sarah Krouse
Amazon.com bought some inventory in advance of tariffs to keep prices low and renegotiated the terms of deals with some suppliers, CEO Andy Jassy said Thursday.
"We're going to do everything we possibly can to keep prices low for customers," Jassy said in an interview on CNBC.
President Trump on Wednesday announced a 90-day pause on some tariffs and announced that China's tariffs would rise to 125%.
Jassy said he thinks sellers will pass on any increase in cost to consumers because their margins aren't big enough to absorb them.
The Journal reported Wednesday that Amazon has cancelled some vendor orders from China after tariffs were announced.
He said the company is in regular touch with the Trump administration and has discussed concerns related to tariffs.
This item is part of a Wall Street Journal live coverage event. The full stream can be found by searching P/WSJL (WSJ Live Coverage).
(END) Dow Jones Newswires
April 10, 2025 09:05 ET (13:05 GMT)
Copyright (c) 2025 Dow Jones & Company, Inc.
免責聲明：投資有風險，本文並非投資建議，以上內容不應被視為任何金融產品的購買或出售要約、建議或邀請，作者或其他用戶的任何相關討論、評論或帖子也不應被視為此類內容。本文僅供一般參考，不考慮您的個人投資目標、財務狀況或需求。TTM對信息的準確性和完整性不承擔任何責任或保證，投資者應自行研究並在投資前尋求專業建議。