Amazon on Thursday tried to temper investor concerns about the impact of the Trump administration's tariffs on its e-commerce business, but the company may have few options left to ensure small third-party sellers stay put in the face of crushing levies.

As shoppers step up purchases to avoid tariff impacts, Amazon and its sellers may struggle to avoid price increases as they blow through inventory.

The tech giant reported revenue grew by 9% during its first quarter to $155.7 billion. Its profit was $17.1 billion. The figures topped Wall Street projections.

Amazon CEO Andy Jassy says the company hasn’t seen a meaningful impact from tariffs yet, citing stable prices and forward-buying—but warns of uncertainty ahead.

Jassy tried to persuade Wall Street that Amazon will be just fine, despite worries about a tariff war with China.