Amazon hasn’t seen any signs of consumers tightening their wallets

The news: Amazon has yet to feel any significant impact from the Trump administration’s new trade policies, CEO Andy Jassy said at the company’s annual shareholder meeting, per CNBC.

  • Consumer spending remains resilient, and average selling prices haven’t seen a meaningful uptick.
  • While Amazon has considerable exposure to Chinese imports, it made “strategic forward inventory buys” to stockpile goods—helping the company keep prices stable in the near term.

You've read 0 of 2 free articles this month.

Get more articles - create your free account today!