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CNBC: President Trump singularly picked on Amazon, Jeff Bezos Trump on Amazon: 'The playing field has to be level for everybody' President Donald Trump lashed out against Amazon for the sixth time in a week, during an Air Force One trip on Thursday back from an event in West Virginia. "They are not on an even playing field," Trump told reporters, contending other retailers are at a disadvantage to the e-commerce giant. "The playing field has to be level for everybody," he said. The president took a moment to criticize The Washington Post, which is owned by Amazon CEO Jeff Bezos. Trump repeated his false claim from earlier on Thursday that it acts as a "lobbying effort" for the e-commerce company. Donald J. Trump✔ @realDonaldTrump The Fake News Washington Post, Amazon’s “chief lobbyist,” has another (of many) phony headlines, “Trump Defiant As China Adds Trade Penalties.” WRONG! Should read, “Trump Defiant as U.S. Adds Trade Penalties, Will End Barriers And Massive I.P. Theft.” Typically bad reporting! 6:10 AM - Apr 5, 2018 He then switched gears, mentioning how "the Post Office is not doing well with Amazon." He noted that the Supreme Court is expected to decide later this year on whether all Amazon transactions will be subject to state sales tax. "We'll see what happens," the president said. Trump has been an extremely vocal critic of Amazon in recent weeks, claiming that the company is taking advantage of its deal with the U.S. Postal Service to hurt brick-and-mortar retailers. Some observers have argued the partnership between USPS and Amazon has been positive for the delivery service. Amazon shares edged down in extended trading.   Honesty is the best policy. |
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I received emails from "Most Read from The Washington Post" everyday in the early morning. So, I know the "current events" and news daily. No greasy newspaper. Sometimes, it enclosed videos in the article. Thanks for the internet. Honesty is the best policy.
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DONALD Trump has gone on another Twitter rampage, and he has picked a brand new target. It is not immigrants, or China, or the Democrats. It is instead Amazon. The online retailer — a shining example of contemporary US capitalism — is now in The Donald’s sights. According to an inside source reported in the US press, the President is “obsessed with Amazon.” Mr Trump began his tirade a week ago, and it seems to be intensifying. There have now been five tweets accusing Amazon of a range of horrible things, including dodging taxes, putting small retailers out of business and even ripping off the US Postal Service. In response to these attacks from the most powerful person in the world, the share price of the enormous American tech company shrivelled up. Amazon’s stock was most recently trading at around $1400 per share, down from around $1600 per share a few weeks ago. That has cost the Amazon founder and CEO Jeff Bezos a very large sum of money. It is possible that was the point all along. Would Donald Trump honestly care about a big successful business dodging taxes? Why would he antagonise a successful thriving American business that is taking on the whole world? The answer is those issues are probably secondary. There’s something else going on. According to sources who spoke to US publication Vanity Fair, it’s personal. “‘He’s off the hook on this. It’s war,’ one source told me. ‘He gets obsessed with something, and now he’s obsessed with Bezos,’ said another source. ‘Trump is like, how can I f**k with him?’” the magazine reported. It is not just that Bezos is dozens of times richer than the President. It probably has nothing to do with Bezos being comfortable enough to embrace his own baldness either. The real problem is that Jeff Bezos owns a little newspaper called The Washington Post. The Washington Post is a good publication. Very good. Since the election of the Trump government it has gone from being a second-rank newspaper to being one of the very best. Oftentimes, when a killer story breaks about Donald Trump, the reporters who got the scoop work at The Washington Post. Like the time they discovered the President has casually given classified information to Russian diplomats. The newspaper has made the President’s life a lot harder. Mr Trump was already angry at The Washington Post even when he was just a candidate for the Presidency, back in late 2015. "President Trump has personal vendetta with Mr. Bezos." one CNBC anchor said. Honesty is the best policy.
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