President TrumpDonald John TrumpKushner has called Bolton for advice over past year: report Jeb Bush hits Trump: I go home to children ‘who actually love me’ Sanders to visit Mississippi for anniversary of MLK assassination MORE publicly criticized Amazon in a tweet on Thursday, citing his considerations with how the net retailer pays its taxes.
I’ve said my considerations with Amazon lengthy earlier than the Election. Not like others, they pay little or no taxes to state & native governments, use our Postal System as their Supply Boy (inflicting super loss to the U.S.), and are placing many hundreds of outlets out of enterprise!
— Donald J. Trump (@realDonaldTrump) March 29, 2018
The tweet comes after Axios reported on Wednesday the president needs to take purpose on the retail big, citing the corporate’s tax remedy.
“He’s obsessive about Amazon,” a supply instructed the outlet. “Obsessed.”
“He’s puzzled aloud if there could also be any strategy to go after Amazon with antitrust or competitors legislation,” a supply who spoke to Trump mentioned, based on Axios.
The president has reportedly cited the corporate’s remedy from the U.S. Postal Service.
“The entire submit workplace factor, that is very a lot a notion he has,” one other supply mentioned. “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 separate supply instructed Axios.
The president has additionally ceaselessly taken purpose at The Washington Submit, which Amazon proprietor Jeff Bezos bought in 2013.
Amazon’s inventory misplaced $50 billion in shareholder worth on Wednesday after the report was revealed.
White Home press secretary Sarah Sanders mentioned on Wednesday that there have been no bulletins on Amazon.
“We have now no announcement and no particular insurance policies we’re pushing for,” she mentioned referring to Amazon.
Trump beforehand lashed out at Amazon in a tweet final yr.
Amazon is doing nice harm to tax paying retailers. Cities, cities and states all through the U.S. are being harm – many roles being misplaced!
— Donald J. Trump (@realDonaldTrump) August 16, 2017