Katherine Li at Business Insider:
The CEO of Amazon, Andy Jassy, told CNBC in an interview with reporter Becky Quick at the World Economic Forum in Davos that vendors are running out of stockpiled goods imported ahead of Trump’s tariffs, and that consumers will be “starting to see more of that impact.”
“So you start to see some of the tariffs creep into some of the prices, some of the items,” said Jassy, “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 they’ll absorb it to drive demand, and some are doing something in between.”