Expect Amazon prices to rise because of tariffs, CEO says
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New York CNN — Amazon shoppers can likely expect some prices to rise due to the ongoing global trade war, the company’s CEO admitted. The online retailer’s network of third-party sellers “will pass that cost on,” Andy Jassy said Thursday on CNBC, in response to the impact of tariffs affecting product prices. “Depending what country you’re in, you don’t have 50% extra margin that you can play with.” On Wednesday, President Donald Trump temporarily paused his so-called reciprocal tariffs, which
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