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Fortune
Fortune
Stuart Dyos

Amazon CEO says the $2 trillion retailer is ‘pretty maniacally focused’ on keeping prices down amid tariff pressure

Amazon CEO Andy Jassy speaks during an unveiling event (Credit: Michael Nagle—Bloomberg/Getty Images)
  • Amazon CEO Andy Jassy admitted that tariff uncertainty plagued the retailer during the company’s latest earnings call Thursday. Jassy said Amazon has stocked inventory to get ahead of higher costs and has emphasized that third-party sellers should do the same. Amazon posted a robust quarterly earnings report, but lower than expected Q2 guidance caused the company’s stock to slip during after-hours trading.

Even the CEO of the world’s second-largest retailer doesn’t know precisely what’s in store in terms of the impact of President Donald Trump’s trade policy.

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