President Trump lit into Amazon.com Inc. for the second time in three days with a pair of Twitter messages that said the U.S. Postal Service was losing money shipping packaging for the online retailer — “This Postal Scam must stop. Amazon must pay real costs (and taxes) now!” he said.
Donald Trump delivers remarks before signing the ‘Section 232 Proclamations’ on steel and aluminum imports at the White House on March 8, 2018. (Credit: Chip Somodevilla/Getty Images)
The president, citing reports he didn’t specify, claimed the Postal Service “will lose $1.50 on average for each package it delivers for Amazon.” Amazon has said the Postal Service, which has financial problems stretching back for years, makes money on its deliveries.
Amazon shed $53 billion in market value on Wednesday after Axios reported that Trump is “obsessed” with regulating the e-commerce giant, whose founder and chief executive officer, Jeff Bezos, also owns the Washington Post newspaper. Those losses were pared on Thursday, the final day of a shortened trading week, even as Trump tweeted that Amazon was using the Postal Service as its “Delivery Boy.”
White House spokeswoman Lindsay Walters said on Thursday that while the president was displeased with the e-commerce giant, and particularly instances in which third-party sellers on the site didn’t collect sales tax, there were no administrative actions planned against Amazon “at this time.”
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