Amazon CEO Andy Jassy Says Many Shoppers Are “Stocking Up” To Get Ahead Of Tariffs – Update
deadline.comPublished: 5/1/2025
Summary
Amazon is bracing for potential widespread tariffs amid President Trump's uncertain trade policies, with CEO Andy Jassy noting that some customers are already "stocking up." Despite economic uncertainty, average retail prices remain stable, thanks to the company's robust supply chain and strategic product offerings. The tech giant's ability to navigate these challenges, supported by its selection of essentials like masks during the pandemic, highlights its resilience. However, White House criticism of Trump's tariffs has sparked backlash against Amazon for displaying exact tariff figures online.