Jassy tried to persuade Wall Street that Amazon will be just fine, despite worries about a tariff war with China.
“Retailers who aren’t buying directly from China are typically buying from companies who themselves are buying from China, marking these items up, rebranding and selling to U.S. consumers,” Jassy told analysts on a call following the earnings release. “These retailers are buying the product at a higher price than Chinese sellers selling directly to U.S. consumers in our marketplace. So, the total tariff will be higher for these retailers than for China direct sellers.”
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What if they aren’t buying, or buying much, from China: directly or indirectly?
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What about those who aren’t buying from those who bought from China, but are buying directly from China?
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Is this some attempt to get shareholders not to sell because some of them might actually be assured by this guy’s BS?
BrikoX@lemmy.zip 3 weeks ago
He’s not wrong. Even more, with them worshiping at the king Trump altar they will even be able to buyout all the competitors that were hurt by these tariffs (no regulators to stop them) and make their monopoly even stronger.