Amazon's Commitment to Affordable Pricing

In a revealing interview with CNBC, Amazon.com Inc. CEO Andy Jassy emphasized the company's dedication to maintaining low prices for consumers amidst global economic challenges.

Navigating Through Trade Wars and Tariffs

Jassy addressed the complexities of the ongoing global trade war and the impact of tariffs. He acknowledged that Amazon's extensive network of third-party sellers might attempt to pass additional costs onto consumers, highlighting the delicate balance between sustaining business operations and keeping prices affordable.

The Uncertainty Ahead

With the current economic landscape in flux, Jassy admitted the difficulty in predicting future outcomes. However, he reassured that Amazon is prepared to take all necessary steps to shield its customers from price hikes as much as possible.