Amazon CEO Andy Jassy says tariffs are starting to drive up product prices
In Brief Posted: 11:50 AM PST · January 20, 2026 Image Credits:Matthias Balk/picture alliance / Getty Images Aisha Malik Amazon CEO Andy Jassy says tariffs are starting to drive up product prices Amazon CEO Andy Jassy says consumers are beginning to see higher prices as sellers look to absorb added costs from President Donald Trump’s tariffs. Jassy told CNBC that Amazon and many of its third-party sellers stocked up on inventory ahead of the tariffs to keep prices low, but that most of that supply run out last fall. “So you start to see some of the tariffs creep into some of the prices, some of the items, and you see some sellers are deciding that they’re passing on those higher costs to consumers in the form of higher prices, some are deciding that…
