Mar 31, 2018

Donald Trump steps up attacks on Amazon

President Donald Trump has stepped up his attacks on Amazon, suggesting the online retail giant is ripping off the US Postal Service. The US Post Office would lose $1.50 "On average for each package it delivers for Amazon", he tweeted, but supporters of Amazon dispute this. Mr Trump also said the Washington Post newspaper was a "Lobbyist" for Amazon. Mr Trump's attacks on Amazon have seen its share price fall in recent days, amid concern that he might push for its power to be curbed by anti-trust laws. "If the P.O. 'increased its parcel rates, Amazon's shipping costs would rise by $2.6 Billion.' This Post Office scam must stop. Amazon must pay real costs now!" he continued, quoting the New York Times.

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