Amazon CEO Jassy Says Tariffs Have Started To 'Creep' Into Prices
Summary
Amazon CEO Andy Jassy says Trump's tariffs are starting to creep into prices as third-party sellers pre-purchased inventory to mitigate shocks, with some costs being passed to consumers, some absorbed, and others absorbed partially. The remarks, given at Davos and covered via CNBC, highlight tariff-driven price dynamics and the broader impact on retail pricing.