Andy Jassa, general director of Amazon, speaks during the unveiling event in New York on February 26, 2025.
Michael suddenly Bloomberg Getty images
Amazon The general director of Andy Jassa said on Wednesday that the company did not see any signs of consumers tightening their wallets in the face of the president Donald TrumpExchanges Tariffs.
Jaszy's comments appeared during the annual meeting of Amazon shareholders, which took place practically on Wednesday.
“At that moment we didn't see any suppression of demand,” Jaszy said during the part of the meeting of questions and answers. “We have not yet seen any significant increase in the average sales price.”
Amazon and other retailers continue to digest the influence of Trump tariffs. Amazon at the beginning of this month pointed to “Tariffs and Trade Police” as one of several factors that can be guidelines for the current quarter that may change.
Competing seller Walmart Warning last week that consumers could start seeing price increases from tariffs this month and in June. In a few days Trump's anger caused the anger, who called The company “Eat tariffs”.
Objective he said Wednesday will probably have to raise the prices of some items, a Home Depot he said He expects him to keep its current price levels.
Amazon is in the face of significant exposure to fees through its retail unit, which obtains some goods from Hit China. Jessa he said last month The company made “strategic stocks of stocks” to stock up on goods and is “quite maniacally focused” on maintaining low prices for buyers.
Some third parties sellers, which constitute about 60% of the products sold, have increased prices In some items, while others decided to maintain prices, Jassy said on Wednesday.
“I think that the diversity and size of our market really help customers have the best selection of the best prices,” said Jaszy.
Before the Q IA part, Amazon investors listened to eight external proposals for reporting the company's emissions, warehouse working conditions and the impact of climate on its data centers.
All the resolutions with which Amazon recommended voting to investors were rejected. The sums of votes are expected to be released shortly after the meeting.