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Trump: Amazon ‘scam’ costing Postal Service ‘billions’

President TrumpDonald John TrumpTrump advisers urging tougher action toward Russia: report Eric Holder says he’ll decide on a 2020 run by early next year Trump wrote back to 8-year-old seeking kidney for dad MORE lashed out at Amazon on Saturday, accusing the retail big of scamming the U.S. Postal Service over delivery prices and evading taxes.

“Whereas we’re on the topic, it’s reported that the U.S. Submit Workplace will lose $1.50 on common for every package deal it delivers for Amazon,” Trump tweeted, following up on a tweet earlier this week that accused Amazon of “placing many 1000’s of shops out of enterprise.”

“That quantities to Billions of ,” he tweeted Saturday. “The Failing N.Y. Occasions reviews that ‘the scale of the corporate’s lobbying employees has ballooned,’ and that doesn’t embrace the Faux Washington Submit, which is used as a ‘lobbyist’ and may so REGISTER. If the P.O. ‘elevated its parcel charges, Amazon’s delivery prices would rise by $2.6 Billion.’ This Submit Workplace rip-off should cease. Amazon should pay actual prices (and taxes) now!”

The president has ramped up his assaults on the retail big in current days, repeating issues he voiced on the marketing campaign path about the corporate’s enterprise practices, notably as they relate to the U.S. Postal Service.

He has known as on the company to lift delivery charges for Amazon. Parcel supply has turn into an more and more vital enterprise for the Postal Service amid long-running declines in its top quality mail service. 

Regardless of the features in its parcel supply service, the company has not been capable of make up the losses from declines in its mail supply enterprise. Final yr, the Postal Service reported a lack of $2.7 billion and income of $69.6 billion.

A Citigroup evaluation final yr indicated that the submit workplace subsidizes each Amazon package deal delivered by $1.46. However Amazon argues that the Postal Regulatory Fee has constantly discovered that Amazon’s contracts with the USPS are worthwhile.

“Amazon has invested lots of of hundreds of thousands of in a community of greater than 20 package deal sortation amenities that inject straight into the USPS final mile community bypassing most of USPS community,” Amazon mentioned final yr, according to Fortune Magazine. “This funding resulted in additional environment friendly processes in addition to 1000’s of jobs and associated financial advantages in native communities.”

Axios reported final week that Trump disputes reviews that the partnership is worthwhile. 

“It has been defined to him in a number of conferences that his notion is inaccurate and that the submit workplace truly makes a ton of cash from Amazon,” a source close to Trump told Axios.

Trump has additionally accused Amazon of failing to pay state and native gross sales taxes. In reality, the company does collect such taxes on merchandise bought to customers in states with gross sales taxes in place. 

Whereas Trump’s assaults on Amazon have resurfaced in current days, the president has gone after the retail big up to now. He known as on the Postal Service to lift delivery charges for the corporate in December. And in 2016, whereas he was nonetheless a presidential candidate, Trump decried what he called Amazon’s “monopolistic tendencies.”

-Up to date 9:33 a.m.




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