Amazon CEO shares an unexpected trend in customer behavior
CEO Andy Jassy mentions how customers are reacting to tariffs.
Ever since President Donald Trump announced news of his tariffs on April 2, a day the administration calls "Liberation Day," a wave of fear has swept across the country as both consumers and business owners have grappled with what the new levies mean for them.
In the business sector, companies that previously relied heavily on China and other international countries for exports scrambled to redirect their supply chains to other countries. Apple, for instance, announced it would move its manufacturing of Phones to India, a move that prompted open disdain from Trump after CEO Tim Cook announced it.
