Amazon shoppers can likely expect some prices to rise due to the ongoing global trade war, the company’s CEO admitted.

Even the cash printing press that is Amazon Prime won't be able to blunt the profit blow to Amazon (AMZN) from President Trump's new tariffs. Amazon could see a $5 billion to $10 billion annualized operating profit hit from higher first-party merchandise costs due to tariffs,

President Trump's latest tariff policy significantly impacts goods from China, which likely means higher prices on Amazon, CEO Andy Jassy told CNBC.