Amazon's CEO warns of price hikes due to tariffs, affecting third-party sellers and consumers.

Amazon CEO Andy Jassy warns of potential price hikes due to ongoing tariffs, especially from the US-China trade war. Third-party sellers on the platform will likely pass on increased costs to consumers. Amazon is trying to mitigate these effects through strategic inventory buys and renegotiating with sellers, but shares fell 3% after the announcement. Walmart has also pulled its financial guidance due to tariff uncertainties.