{"id":530244,"date":"2026-01-20T16:56:21","date_gmt":"2026-01-20T16:56:21","guid":{"rendered":"https:\/\/www.europesays.com\/us\/530244\/"},"modified":"2026-01-20T16:56:21","modified_gmt":"2026-01-20T16:56:21","slug":"amazons-ceo-says-tariffs-are-starting-to-creep-into-pricing","status":"publish","type":"post","link":"https:\/\/www.europesays.com\/us\/530244\/","title":{"rendered":"Amazon\u2019s CEO says tariffs are starting to \u2018creep into\u2019 pricing"},"content":{"rendered":"

Amazon CEO Andy Jassy says consumers are starting to see the impact of tariffs less than a year after President Donald Trump implemented sweeping fees<\/a> on a range of imported goods. During an interview with CNBC<\/a>, Jassy says the inventory Amazon and third-party sellers prebought in early 2025 to keep prices low has \u201crun out,\u201d which means \u201cyou start to see some of the tariffs creep into some of the prices.\u201d<\/p>\n

The admission comes just one day after a study from the Kiel Institute for the World Economy<\/a> found that foreign exporters absorb just 4 percent of the cost of tariffs, while 96 percent is passed on to American consumers. \u201cSome sellers are deciding that they\u2019re passing on those higher costs to consumers in the form of higher prices,\u201d Jassy tells CNBC. \u201cSome are deciding that they\u2019ll absorb it to drive demand.\u201d<\/p>\n

On top of a wave of tariffs, Trump issued an executive order to close the \u201cde minimis\u201d loophole that allowed low-cost goods to enter the US duty-free. The block went into effect last August<\/a>, and according to Jassy, there isn\u2019t much else Amazon and third-party sellers can do to stave off additional price increases.<\/p>\n

\u201cIf people\u2019s costs go up by 10 percent, there aren\u2019t a lot of places to absorb it,\u201d Jassy says. \u201cSo we\u2019re going to do everything we can to work with our selling partners to make prices as low as possible for consumers \u2014 but you don\u2019t have endless options.\u201d<\/p>\n","protected":false},"excerpt":{"rendered":"Amazon CEO Andy Jassy says consumers are starting to see the impact of tariffs less than a year…\n","protected":false},"author":3,"featured_media":530245,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[6],"tags":[2431,64,50,153,80,242,67,132,68],"class_list":{"0":"post-530244","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-business","8":"tag-amazon","9":"tag-business","10":"tag-news","11":"tag-policy","12":"tag-politics","13":"tag-tech","14":"tag-united-states","15":"tag-unitedstates","16":"tag-us"},"share_on_mastodon":{"url":"https:\/\/pubeurope.com\/@us\/115928484021695870","error":""},"_links":{"self":[{"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/posts\/530244","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/comments?post=530244"}],"version-history":[{"count":0,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/posts\/530244\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/media\/530245"}],"wp:attachment":[{"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/media?parent=530244"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/categories?post=530244"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/tags?post=530244"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}