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Posted by
Two Blokes Jul 1 -
Filed in
Stock
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Amazon CEO Andy Jassy told Jim Cramer that the tech giant hasn't seen significant price increases, and he explained mitigation strategies his company and its sellers are using. "We did a lot of forward buying several months ago, and then a lot of our sellers, our third party selling partners, forward deployed a lot of inventory to avoid some of the issues with the uncertainty around where tariffs are going to settle," he said.