Andy Jassy, CEO of retail giant Amazon (NASDAQ:AMZN), has said its third-party sellers may “pass costs on” related to US President Donald Trump’s tariffs to customers. Jassy made the remarks in an ...

President Donald Trump levied a tariff of at least 145% on China earlier this week. Amazon CEO Andy Jassy said that sellers on the platform would likely react to tariffs by hiking up consumer prices.

Amazon CEO Andy Jassy predicted that the retailer’s web of third-party sellers will try to pass the extra costs incurred by the Trump administration’s wide-ranging tariffs on to buyers. “I understand ...

Amazon sellers are offering fewer discounts during this week’s annual Prime Day sales event, saying their margins are too tight as they battle high costs from President Trump’s tariffs, according to a ...

Amazon AMZN.O on Thursday tried to temper investor concerns about the impact of the Trump administration's tariffs on its e-commerce business, but the company may have few options left to ensure small ...