Amazon Tells Consumers to Expect Prices to Rise Due to Tariffs
Despite a market resurgence Wednesday and US President Donald Trump announcing a 90-day pause on his Liberation Day policy, Amazon has told consumers to expect prices to rise due to tariffs. Specifically, the company’s CEO, Andy Jassy, told CNBC that the company would be passing increased costs onto consumers. Jassy noted that the company is still waiting to see how the tariff turmoil “plays out,” but expects the e-commerce firm to cope with increased prices. Moreover, he noted that the e-commerce juggernauts’ network of third-party sellers has been placed in a tough position by the ongoing import tax dilemma. JUST IN: Amazon says to expect their prices to rise. — Watcher.Guru (@WatcherGuru) April 10, 2025 Also Read: Amazon Cancels Inventory Orders From China Following US Tariffs Amazon CEO Says Prices Will Likely Rise Amid Tariff Turmoil The presence of increased global financial uncertainty is set to bring increased pressure to consumers in 2025, according to o...