Amazon CEO Andy Jassy says tariffs haven't dented consumer spending

Core Viewpoint - Amazon has not observed any signs of reduced consumer spending despite the impact of President Trump's tariffs, according to CEO Andy Jassy [1][2]. Group 1: Consumer Demand - Jassy stated that there has been no attenuation of demand at this point, indicating strong consumer interest [2]. - The company has not experienced any significant increases in average selling prices, suggesting stable pricing for consumers [2]. Group 2: Inventory and Pricing Strategy - Amazon has engaged in "strategic forward inventory buys" to prepare for potential supply chain disruptions caused by tariffs, demonstrating proactive inventory management [2]. - The company remains focused on maintaining low prices for shoppers, which is a key part of its strategy [2]. Group 3: Marketplace Dynamics - Approximately 60% of products sold on Amazon are from third-party sellers, some of whom have raised prices on certain items while others have kept prices steady [3]. - Jassy emphasized that the diversity and size of Amazon's marketplace provide customers with a wide selection and competitive pricing [3].