President Donald Trump Targets Amazon in New Tweets



President Donald Trump Targets Amazon in New Tweets



UNITED STATES - President Donald Trump had some harsh words for online—and, more recently, on-ground—retailer Amazon this week. After an Axios report published Wednesday, March 28, 2018, suggested that the President “hates” and “is obsessed with” Amazon, the President took to Twitter in an effort to articulate his anti-Amazon position.

Donald Trump, President, United States of America

“I have stated my concerns with Amazon long before the Election,” tweeted President Trump the following day. “Unlike others, they pay little or no taxes to state & local governments, use our Postal System as their Delivery Boy (causing tremendous loss to the U.S.), and are putting many thousands of retailers out of business!”

Amazon headquarters

That same day, in a CNBC report, former Walmart CEO and current Darden Restaurants board member Bill Simon even suggested that Congress should begin looking at breaking up Amazon.

Bill Simon, Board Member, Darden Restaurants

"They're not making money in retail, and they're putting retailers out of business," Simon told CNBC. "It's anti-competitive, it's predatory, and it's not right."

An editorial published by The Wall Street Journal that day rebuffed the President’s complaints, explaining that “the executive branch can’t do much to hurt Amazon” and noting that Amazon collects billions of dollars in state sales tax throughout the U.S.

The Wall Street Journal also observed that the allegations that Amazon may have an unfair competitive advantage are “quarter-baked” and noted the symbiotic nature of the relationship between the U.S. Postal Service and the online retailer.

“Though imperfect, the deal is mutually beneficial,” said the The Wall Street Journal editorial board. “The Post Office arguably needs Amazon more than Amazon needs the Post Office.”

Will the President’s comments continue to foment anger at the online retailer? AndNowUKnow will continue to report.