CEO Andy Jassy stated at the company’s annual shareholder meeting this week that the giant retailer hasn’t already noticed significant changes in ordinary costs or shopping desire as a result of US-imposed taxes.

In the meeting, which was &nbsp held virtually, Jassy said,” We have not seen any attenuation of demand at this point.” Additionally, there haven’t been any significant raises in average selling prices.

Another significant retailers, like Walmart and Target, have acknowledged that taxes could raise prices. With CNET’s Tax Tracker Index, which keeps an eye on the rates of 11 well-known products, you can see how tariffs are impacting prices. &nbsp, &nbsp,

Amazon recently stated that it was stocking up on some products and making changes to its supply chain to try to keep costs low for clients.

The US once imposed a 145 % tax on imported Chinese products. Products like those from Anker appeared to be in trouble, leading to an 18 % price increase. However, a deal with China restored that tariff rate to 30 % &nbsp for at least 90 days.

Subaru is causing some of its vehicles to be priced higher as a result of a tax on vehicle parts manufactured in other countries. &nbsp,

Some consumers have different perceptions of the world.

Customers who buy on Amazon may not yet be seeing the effects of taxes, according to Jassy, but that doesn’t think they are unconcerned.

Folks are still making money, but they are doing it more purposefully. According to Stephanie Carls, a financial insights specialist at RetailMeNot, a promotion formation site, life doesn’t slow down simply because prices go away.

A RetailMeNot survey conducted in early May revealed that 81 % of consumers were now feeling the effects of taxes on daily purchases and that nine out of ten planned to cut back on summertime costs, mainly dining out and takeout. 55 % of respondents said they are currently under more financial pressure than their households.

Todd noted that RetailMeNot is seeing some third-party sellers on Amazon’s market lower rates or lower promotional offers, and some even intend to stow away from Prime Day. Some consumers are stocking up on goods in advance of expected value increases: According to a survey conducted by the company, 60 % of consumers anticipate starting their holiday searching by the summer.

Another method Amazon is entices customers to continue investing is through “preorder choices that lock in costs,” Carls said. The Star Wars Squishmallows, which are currently priced at$ 19.99 and will ship in December, are a great example.