Amazon’s CEO Andy Jassy has revealed that the company has not seen significant changes in average selling prices or consumer spending habits based on Donald Trump’s tariff policy. His statements at Amazon’s annual shareholder meeting serves as another nail in the coffin for warnings of economic doom spouted by hysterical Trump haters.
TechSpot reports that in a recent Q&A session at Amazon’s annual shareholder meeting, CEO Andy Jassy addressed growing concerns over how the Trump administration’s tariffs on Chinese imports could affect the e-commerce giant’s business. Jassy stated that, in contrast to warnings from retailers like Walmart and Target about imminent price hikes, Amazon has neither experienced notable increases in average selling prices nor observed any decline in consumer demand.
“We have not seen any attenuation of demand at this point,” Jassy reported to shareholders. “We also haven’t yet seen any meaningful average selling price increases.
