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BrikoX @lemmy.zip

6d ago

Amazon CEO Andy Jassy plays up his retail rivals’ worst nightmare: Trump’s tariffs may actually strengthen Amazon

Amazon CEO Andy Jassy plays up his retail rivals’ worst nightmare: Trump’s tariffs may actually strengthen Amazon

Jassy tried to persuade Wall Street that Amazon will be just fine, despite worries about a tariff war with China.

4 comments

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.
- :(

“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.”
What if they aren't buying, or buying much, from China: directly or indirectly?
What about those who aren't buying from those who bought from China, but are buying directly from China?
Is this some attempt to get shareholders not to sell because some of them might actually be assured by this guy's BS?
- So buy directly from China using AliExpress (fuck temu) and cut out the Amazon tax?
  When America companies do this, it's white labeling and they sometimes adds a warranty, better package etc.
  With Amazon you just pay the Amazon tax. The products they are describing aren't coming next day. It's literally the same speed as AliExpress with a worse return policy. AliExpress will refund and let you keep the item.