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Amazon CEO Andy Jassy Sees Tariffs Raising Prices For Consumers As Media Stocks, Markets Fall
Amazon CEO Andy Jassy says sellers will pass higher costs to consumers amid President Donald Trump's tariffs against China, others. Media stocks sink.
Andy JassyGetty Images Amazon chief executive Andrew Jassy says “I’m guessing sellers will pass that cost on” as President Donald Trump raises the price to import good into the U.S. Jeff Bezos, founder and executive chairman was prominently featured front-and-center at Trump’s inauguration in a row of tech titans, whose stocks have all been battered. With stocks and bonds both tanking, and countries seeking to negotiate, Trump hit pause for 90 days on the latest and steepest round of import duties against most of the world.
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