President Donald Trump lit for the second time in three days with two Twitter messages to Amazon.com Inc. that the online retailer "must now pay real costs (and taxes)"
President On Saturday claimed citing reports he did not specify that the US Postal Service "will lose $ 1
Amazon has lost $ 53 billion in market value Wednesday after Axios reports that the president is "obsessed" with the regulation of e-commerce giant, whose founder and chief executive officer, Jeff Bezos, also owns the Washington Post newspaper. These losses were reduced on Thursday, the last day of a shortened trading week, when Trump tweeted that Amazon was using the post as a "Delivery Boy".
The White House spokeswoman, Lindsay Walters, said Thursday that the president was upset with the e-commerce giant, and in particular, cases where third-party sellers on the site did not charge sales tax, there was no administrative Measures against Amazon "at this time."
Amazon.com and the Washington Post For Trump were regular punching bags. In July, the president considered whether the newspaper was "used as a lobby weapon" to prevent Congress from investigating Amazon's business practices. He repeated this comment on Saturday, saying that the post office is being used as a "lobbyist" and should call itself REGISTER. " Read More: What The President Can Do About Amazon
Trump spends his Easter weekend at his resort in Palm Beach, Florida, arriving at the nearby Trump International Golf Club early Saturday night shortly after the tweets were released. He also criticized Amazon during his winter vacation in Mar-a-Lago via Twitter, saying in December that the post office "would demand MUCH more for the package delivery".
Amazon uses the USPS on a regular basis to complete the so-called "last" delivery of mail carriers, which deliver about 150 million homes and businesses daily. It has a network of more than 20 "sorting centers" where customer packages are sorted by postal code, stacked on pallets and delivered to the post offices for final delivery.
White House Claims Review on Amazon  While the full details of the agreement between Amazon and the US Postal Service are unknown – the postman is operated independently and strike confidential deals with retailers – David Vernon, an analyst at Bernstein Research , which tracks the shipping industry, estimated in 2015 that the USPS handled 40 percent of the Amazon volume last year. At the time, he estimated that Amazon would pay the post for $ 2 per parcel, which is about half that it would pay to UPS or FedEx.
A sudden increase in postal charges would cost Amazon $ 2.6 billion annually, according to a report by Citigroup from April 2017. This report predicted United Parcel Service Inc. and FedEx Corp. would also raise prices in response to a post-service hike.
Citigroup also said that the "true" cost of shipping parcels is because the USPS is about 50 percent above current quotas, which led some editors to conclude that Amazon received the type of subsidies listed in Trump's Tweet was quoted on Thursday.
But the losses of the Post have little to do with Amazon and more to do with its huge health commitments and the dwindling use of premium mail. Swiss Post raises one of the lowest stamp prices in the world.
& # 39; Economic Benefits & # 39;
In a 2017 announcement for Fortune Magazine, Amazon said its partnership with the postal service is being reviewed annually by a commission that has been reviewing and approving ship contracts for decades.
"The Postal Regulatory Commission has consistently stated that Amazon's contracts with the USPS are profitable," the statement said. "Amazon has invested hundreds of millions of dollars in a network of more than 20 parcel sorting facilities that flow directly into the last-mile USPS network, bypassing most of the USPS network, resulting in more efficient processes and thousands of jobs associated economic benefits in local communities. "
The president's tweet also assumes that Amazon would be forced to pay if the postal service increased its rates for packages. But Amazon has set up its own shipping operations in the US and elsewhere in the world to minimize costs.
Under a new service that will be introduced this year, Amazon would oversee the pickup of packages from third-party warehouse deliveries to home addresses
– With support from Spencer Soper