Trump Is Attempting To Double USPS Shipping Rates For Amazon Orders
President Donald Trump has made no qualms about his hatred of Amazon and it’s Founder and CEO, Jeff Bezos. The President’s attacks are now growing even more aggressive with a move to double the company’s shipping rate by using his government influence.
The Washington Post on Friday reported that Trump has been pressuring the U.S. Postal Service’s chief to double rates to the e-commerce giant and other internet-based commerce companies.
If postmaster general Megan Brennan were to accept the President’s proposal the move would cost e-tailers billions of dollars in lost annual profits. Thankfully, three different sources say Brennan has pushed back against Trump’s plan, noting that Amazon is locked into a legally binding contract with the United States Postal Service.
Trump met with Brennan several times in 2017, attempting to change her mind about the price increases.
The 45th POTUS isn’t backing down from his hopes of crushing Amazon’s profits. Last month the President signed an executive order that created a task force to look into the operations of the postal service.
On April 3, 2018, President Trump sent out a tweet regarding the Amazon and USPS relationship.
I am right about Amazon costing the United States Post Office massive amounts of money for being their Delivery Boy. Amazon should pay these costs (plus) and not have them bourne by the American Taxpayer. Many billions of dollars. P.O. leaders don’t have a clue (or do they?)!
— Donald J. Trump (@realDonaldTrump) April 3, 2018
It was quickly noted after his tweet that the USPS is not legally allowed to lose money on each package sent, a law that was passed by Congress.
Trump also attacked Jeff Bezos for not forcing third-party vendors to pay sales tax through the company’s platform. It was quickly revealed that TrumpStore.com was also not collecting those same sales taxes, proving that Trump is out to get Bezos for personal reasons.
Amazon shares were barely affected by this newest attack from the President of the United States.