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

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  Andy Jassy told analysts during an earnings call "there's maybe never a more important time in recent memory" to maintain prices.

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In an article from Fortune, Amazon CEO Andy Jassy expressed concerns about the impact of tariffs on consumer prices, stating that they could lead to higher costs for customers. This statement came in the context of Amazon's latest earnings report, which showed strong performance but offered soft guidance for future quarters. Jassy highlighted the company's efforts to mitigate these costs and maintain low prices, emphasizing Amazon's commitment to being Earth's most customer-centric company. The article also discussed the broader retail environment, noting that other retailers are facing similar challenges with tariffs and rising costs.

Read the Full Fortune Article at:
[ https://fortune.com/article/amazon-ceo-andy-jassy-tariffs-low-high-prices-consumers-retail-earnings-report-soft-guidance/ ]