Amazon CEO Andy Jassy told employees and investors during a shareholder meeting that business is holding steady. Jassy said the tariffs deployed by President Donald Trump have not made a dent in Amazon sales.

Jassy responded to a question about sales during the company’s annual shareholder meeting, which was held virtually. CNBC reported that he said business remained solid. “We have not seen any attenuation of demand at this point,” he said. “We also haven’t yet seen any meaningful average selling price increases.”

Amazon posted a short comment on April 29 about reports it had planned to post tariff costs on its site. “The team that runs our ultra-low-cost Amazon Haul store considered the idea of listing import charges on certain products. This was never approved and is not going to happen.”

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