Andy Jaci, CEO of Amazon, says he believes that sellers will go through the costs of tariffs on consumers

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Amazon Andy Jassy CEO: The sellers will pass the growing tariff costs for consumers

Amazon CEO Andy Jassi said on Thursday that the company is still digesting the president’s impact Donald Trump‘s Comprehensive definitionsBut its wide network of third -party sellers may “may” cost this cost to consumers.

“I understand why, I mean, depending on the country where you are, you don’t have an additional 50 % margin you can play with,” Jassi said in an interview with Andrew Ross Sorkin from CNBC. “I think they will try to pass the cost.”

The Amazon Market is from the third party of millions of sellers, many of them are located in China or the source of its products from the region. Third -party sellers now account for about 60 % of all products sold on Amazon.

Jaci, from He issued the annual shareholder speech Earlier this morning, the company said some “strategic inventory purchases” and looked to re -negotiate some purchase orders in an attempt to maintain low prices.

Amazon began canceling some of the direct import orders of the products that sellers receive in China this week after the Trump tariff was announced. Some home commodity sellers and kitchen accessories elements had products ready to receive by Amazon in shipping ports, only to receive notification via an internal system, called Pendor Central, that their orders have been canceled.

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He said that Amazon witnessed some evidence that consumers are storing the elements in anticipation of raising prices, but it is too early to know the extent of this behavior.

Jassi said: “People did not stop buying and in some groups, we see people who buy forward, but it is difficult to know if it was just an anomaly in the data because it does not exceed a few days, or how long will it continue.”

Trump Last week Executive order imposes a long -term tariff plan. Within a few days, reflecting the path and the decline in the country’s definitions to a global rate of 10 % for all commercial partners except China.

Definitions can increase the costs of companies that build infrastructure to meet the increasing demand for artificial intelligence, such as data centers. Amazon’s cloud computing works were a great benefit to this request, and the company has He pledged to spend up to $ 100 billion This year on artificial intelligence techniques.

Jassi said that the Amazon web services have started the process of diversifying its supply chain about five years ago, allowing them to have a source of components from a number of markets, “not just one country.” He added that the company does not have plans to slow down the construction of new data centers.

“We will continue to build,” Jaci said.

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