Trump Twitter attacks on Amazon continue — this time over postal delivery

U.S. President Donald Trump is again aggressive online tradesman Amazon.com, job a business understanding with a U.S. Postal Service to broach packages a money-losing agreement that hurts U.S. taxpayers. Federal regulators, however, have found a agreement with Amazon to be profitable.

In tweets Saturday, Trump pronounced “the U.S. Post Office will remove $1.50 on normal for any package it delivers for Amazon. That amounts to Billions of Dollars.”

He added: “If a P.O. ‘increased a parcel rates, Amazon’s shipping costs would arise by $2.6 Billion.’ This Post Office fraud contingency stop. Amazon contingency compensate genuine costs (and taxes) now!”

Amazon has been a unchanging target of Trump’s ire. He is bruise since a founder, Jeff Bezos, owns a Washington Post, that Trump has labelled “fake news” after a journal reported adverse developments during his debate and presidency.

A orator for a U.S. Postal Service declined to comment.

Post bureau increased by e-commerce

Amazon lives and dies by shipping, and an boost in a rates it pays could positively do some damage. Amazon sends packages around a post office, FedEx, UPS and other services.

But while a post bureau has mislaid income for 11 years, package smoothness — that has been a splendid mark for a use — is not a reason.

While we are on a subject, it is reported that a U.S. Post Office will remove $1.50 on normal for any package it delivers for Amazon. That amounts to Billions of Dollars. The Failing N.Y. Times reports that “the distance of a company’s lobbying staff has ballooned,” and that…

mdash;@realDonaldTrump

…does not embody a Fake Washington Post, that is used as a “lobbyist” and should so REGISTER. If a P.O. “increased a parcel rates, Amazon’s shipping costs would arise by $2.6 Billion.” This Post Office fraud contingency stop. Amazon contingency compensate genuine costs (and taxes) now!

mdash;@realDonaldTrump

Boosted by e-commerce, a Postal Service has enjoyed double-digit increases in income from delivering packages, though that hasn’t been adequate to equivalent grant and health caring costs as good as declines in first-class letters and selling mail. Together, letters and selling mail make adult some-more than two-thirds of postal revenue.

In arguing that a Postal Service is losing income on delivering packages for Amazon, Trump appears to be citing some Wall Street analyses that disagree a Postal Service’s regulation for calculating a costs is outdated. A 2017 research by Citigroup did interpretation that a Postal Service was charging next marketplace rates as a whole on parcels. Still, sovereign regulators have reviewed a Amazon agreement with a Postal Service any year and dynamic it to be profitable.

An eccentric agency, a Postal Service does not use taxpayer income for a operations.

The post bureau does not mangle down what is pushing a growth, though online grouping from retailers, quite Amazon.com, has revolutionized a approach products are bought and delivered. The Postal Service reached new highs this year in holiday package delivery, with some-more than 850 million U.S. parcels delivered from Thanksgiving to New Year’s Eve, according to total gathered by attention tracker ShipMatrix Inc.

Amazon has taken some stairs toward apropos some-more separate in shipping. Last year, it announced it would build a worldwide atmosphere load heart in Kentucky, about 21 kilometres southwest of Cincinnati.

Article source: http://www.cbc.ca/news/business/trump-amazon-attack-saturday-1.4601060?cmp=rss