Amazon CEO Andy Jassy Admits The Cost Burden of Trump’s Tariffs Will Be Passed to Consumers

Amazon is bracing for the wide-reaching effects of President Donald Trump’s sweeping new tariff regime, with CEO Andy Jassy warning that the e-commerce giant’s third-party sellers are likely to shift the cost burden to consumers. This, he noted, could have ripple effects throughout the U.S. economy, especially in categories already vulnerable to supply chain volatility. [...]The post Amazon CEO Andy Jassy Admits The Cost Burden of Trump’s Tariffs Will Be Passed to Consumers appeared first on Tekedia.

Read More