Amazon CEO may have just proved retailers worst nightmare on Trump Tariffs, “Retailers who aren’t buying directly from China…”

Amazon CEO Andy Jassy revealed Thursday that President Trump’s China tariffs may actually strengthen Amazon’s position in the retail market while putting traditional retailers at a disadvantage.

“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 following the company’s strong first-quarter earnings announcement.