Recent announcements from the Trump administration indicate that some tech products will temporarily be tariff-free, which has led to significant discounts on items like Amazon's Kindle Scribe. However, this relief is short-lived as rising costs from tariffs could soon lead to price increases. With the Kindle Scribe currently offered at nearly 20% off, consumers are encouraged to take advantage of this deal before potential price hikes occur due to looming trade tensions. Industry leaders, including Amazon's CEO Andy Jassy, anticipate that sellers will pass on tariff-related costs to consumers.
"I'm guessing that sellers will pass that cost on," Amazon CEO Andy Jassy warned during an interview when discussing the cost of tariffs. "And I understand why, I mean, depending on which country you're in, you don't have 50% extra margin that you can play with."
"It's unclear how much time tech products have to live tariff-free, but Amazon executives are weary that the trickle-down effect of Trump's tariff strategy could impact a slew of goods."
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