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Mark Zuckerberg, CEO Meta Platforms Inc; Left, Lauren Sanchez; Jeff Bezos, founder of Amazon.com Inc; Sundar Pichai, CEO Alphabet Inc; and Elon Musk, CEO of Tesla Inc., during the 60th presidential inauguration in the US Capitol Capitol in Washington, January 20, 2025.
Julia Demar Nikhinson | Bloomberg | Gets the image
President Donald Trump used to indicate Jeff Bezos as “Jeff Bozo”. Now, after a greater drama between two men, Trump calls Amazon founder a “good guy.”
Amazon’s profits, scheduled for Thursday, have already had investors at the border from the broadcasts of the president and the potential impact that they will have at numerous technology giant enterprises. This year, the stock price will decrease by 17%, Amazon reports its slowest revenue growth in any period since 2022, and this does not reflect the levies announced in early April.
The tension intensified earlier this week.
White House on Tuesday criticize Amazon is reportedly planning to show on its website how many new tariffs in higher American trading partners increase prices for consumers. After the story was published by Punchbowl News, Trump called Bezos to complain.
Amazon quickly replied and said there were no such changes.
“It has never been approved and will not happen,” Amazon’s wrote Message in the blog It was 31 words.
President Trump often threw insults on a free period during his solid period in the White House, largely owned by Amazon founder on the Washington Post. Recently, Bezos came out of his way to try to fix the relationship by traveling to Washington, Colombia District, for the inauguration in January.
The president said he was satisfied with the last phone.
“Jeff Bezos was very good,” Trump told reporters later on Tuesday. “He was stunning. He quickly solved the problem and he did the right thing. He’s a good guy.”
Amazon specified that he considered only the possibility of displaying import fees on products sold on his discount showcases, Amazon HaulCombining with ultra-coat Chinese retailers Temu. Pulling products costs $ 20 and less, and many are sold directly from China using the Deven Minimis release. This gap should leave next month after Trump signed the executive order that made more expensive to send these products to the US
The collision with Trump emphasizes Amazon’s pressure to dull the impact of Trump’s aggressive tariffs on Chinese imports, which is 145%. The company faces a significant impact of tariffs, primarily through the retail unit. Amazon spreads some products from China, while many sellers in their third market are counting on the second largest economy in the world to make or collect their products.
The topic of tariffs will hover over Amazon’s income report in the first quarter. Investors will want to know how higher import costs can affect its margin, and whether the uncertainty around the tariffs has led to buyers more carefully in their costs.
Amazon is expected to report a $ 1.37 profit and $ 155.04 billion income, according to LSEG, which will be an annual growth of just over 8% and will become the slowest expansion rate from the second quarter of 2022.
“Complex Choice”
CEO Amazon Andy Yassi said CNBC Earlier this month, when the company did not see a decrease in consumer demand. Jassy said Amazon “will try to do everything we can” to keep prices low for buyers, including negotiating terms with some of its suppliers. But he admitted that some third sellers will need to “transfer this price” tariffs for consumers.
On Tuesday, UBS analysts said at least 50% of Amazon items are subject to Trump tariffs and may become more expensive as a result.
“So, consumers may have to make a more difficult choice where their dollars are allocated,” said analysts who have Amazon stock purchases.
As reported Financial times.
Some sellers already raised prices And reduce advertising when they fight higher import costs. Others seek to provide new suppliers in countries such as Vietnam, Mexico and India, where tariffs are increasing at Trump, but soft compared to the levies imposed on China goods.
Temu and competitive shein app discount Implemented pricing hiking on many subjects last week. Topic Since then added “Import fees” account for 130% to 150% on some products.
Wall -Rate is likely to be focused on Amazon comments that surround the business conditions forward. The third quarter will include the results of Amazon trading activities, which usually takes place in July in two days. Earlier, Amazon’s sellers said CNBC that they could launch less transactions for this Prime Minister to keep inventory or because they could not afford more.
This week, Bank’s Bank Analysts have noted that in his income report he sees that Amazon could give a “broader range” in his income report, “though impact may be larger in the third quarter.”
Opeppenheimer analysts said investors are “very confident” regarding the influence of tariffs on Amazon business commerce. The firm has a surrender of Amazon shares.
“We believe that the Q3 is the quarter that is most affected, as the sellers still have to have previous inventory by May, and therefore do not need to raise prices,” analysts write.
On Tuesday, Amazon did not comment beyond its short statement.
