AmazonCEO Andy Jassy said the e-commerce giant will try to keep prices stable, but online sellers may pass on some of the tariff costs to consumers. "We will pay attention to all factors that may affect consumers and customers," Jassy said in an interview Thursday. "It's hard to predict what will happen, there are a lot of variables right now."


Jassy said he has not observed a change in consumer behavior since U.S. President Donald Trump announced tariffs on several countries last week. Trump on Wednesday suspended new tariffs on most countries.

Asked whether it had communicated with the Trump administration about the tariffs, Jassy said Amazon had expressed its concerns and U.S. officials were aware of those concerns.

Jassy also released his annual letter to shareholders, in which he said Amazon must operate like "the world's largest startup" to meet demand for artificial intelligence and cut internal bureaucracy.

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