Amazon and Jassy CEO says that the customs tariff was not spent on consumer spending

Amazon CEO Andy Jassi said on Wednesday that the company has not seen any signs that consumers are stressing their governor in the face of the president Donald TrumpSweeping Definitions.

Jassi’s comments came during the Amazon’s annual shareholder meeting, which was almost held on Wednesday.

Jassi said during part of the meeting and the answer. “We also have not seen any average meaningful meaning prices.”

Amazon and other retailers continue to digest Trump’s tariff. Earlier this month, Amazon Duplicate To “tariffs and commercial policies” as one of several factors that can provide guidance for the current quarter subject to change.

Competition retail stores Wal Mart Last week Consumers can start seeing the high prices of tariffs later this month and in June. Within a few days, Trump’s anger, Who urged The company to “eat definitions”.

goal He said On Wednesday, it is possible that it needs to raise prices on some elements, while Home Depot He said It expects to maintain current pricing levels.

Amazon faces a great exposure to fees through the retail unit, which displays some goods from China that was struck by the customs tariff. Baccalaureate He said last month The company has made some “strategic front stock purchases” to store goods, which is “focused obsessed” on maintaining low prices for shoppers.

Some third -party sellers, who represent approximately 60 % of the products sold, Price increase On some items, while others chose to maintain fixed prices, Jassi said on Wednesday.

“I think the diversity and the size of our market really helps customers to get the best price of the best prices,” Jassi said.

Before the Q-AND-A, Amazon Investors listened to eight external proposals dealing with the reports of the company’s emissions, warehouse working conditions and the impact of climate for its data centers, among other things.

All decisions, which Amazon recommended that investors vote against them. The voting groups are expected to be released shortly after the meeting.