Tariffs were the economic bogeyman of 2025, and the effects of President Trump's import taxes are still being felt as we get deeper into 2026. Amazon's CEO, Andy Jassy, admitted as much in a conversation with CNBC during the annual Davos economic summit.
Amazon and third-party sellers the company works with pre-bought huge amounts of stock to avoid the tariffs, but that stock began running low this past fall. "I think you’re starting to see more of that impact," Jassy said.
