President Donald Trump on Monday took fresh aim at Amazon.com Inc., as he tweeted that he gave up “nothing” in his meeting with Russian President Vladimir Putin and was considering revoking security clearances for former officials who have been critical of him. AMAZON AND ANTITRUST Trump took his latest swipe at Amazon
AMZN, -0.67%[1]
for “using” the U.S. Postal Service as its “delivery boy” and raised the possibility of bringing antitrust claims against the company. In a series of tweets, Trump railed against Amazon and the Washington Post, which is owned by Amazon CEO Jeff Bezos. Shares of Amazon fell nearly 2% in early trading before paring losses. “In my opinion the Washington Post is nothing more than an expensive (the paper loses a fortune) lobbyist for Amazon. Is it used as protection against antitrust claims which many feel should be brought?” Trump said. He did not elaborate on any antitrust matters. Trump has frequently targeted Amazon for what he says is the company’s being subsidized by the Postal Service. The Amazon Washington Post has gone crazy against me ever since they lost the Internet Tax Case in the U.S. Supreme Court two months ago. Next up is the U.S. Post Office which they use, at a fraction of real cost, as their “delivery boy” for a BIG percentage of their packages....— Donald J. Trump (@realDonaldTrump) July 23, 2018[2] ....In my opinion the Washington Post is nothing more than an expensive (the paper loses a fortune) lobbyist for Amazon. Is it used as protection against antitrust claims which many feel should be brought?— Donald J. Trump (@realDonaldTrump) July 23, 2018[3] Also read: Amazon earnings: Prime Day isn’t the only thing giving business a boost[4]. ‘VERY HAPPY!’ Trump also took issue with a Washington Post report[5] that he is privately frustrated with how talks with North Korea are proceeding. “The Fake News is saying, without ever asking me (always anonymous sources), that I am angry because it is not going fast enough. Wrong, very happy!” he tweeted. Trump also spoke briefly on Iran as he toured a “Made in America” exhibition on the South Lawn, saying “none at all,” when asked if he had concerns about provoking tensions with the country. Sunday, the president tweeted a warning to the country’s president, Hassan Rouhani, saying there would be consequences if Iran threatens the U.S. Read: Trump tweets all-caps tirade warning Iran never to threaten U.S.[6] A Rocket has not been launched by North Korea in 9 months. Likewise, no Nuclear Tests. Japan is happy, all of Asia is happy. But the Fake News is saying, without... Trump Today: President blasts Amazon, says he gave up ‘nothing’ in Putin meeting
- Category: Economics
President Donald Trump on Monday took fresh aim at Amazon.com Inc., as he tweeted that he gave up “nothing” in his meeting with Russian President Vladimir Putin and was considering revoking security clearances for former officials who have been critical of him. AMAZON AND ANTITRUST Trump took his latest swipe at Amazon
AMZN, -0.67%[1]
for “using” the U.S. Postal Service as its “delivery boy” and raised the possibility of bringing antitrust claims against the company. In a series of tweets, Trump railed against Amazon and the Washington Post, which is owned by Amazon CEO Jeff Bezos. Shares of Amazon fell nearly 2% in early trading before paring losses. “In my opinion the Washington Post is nothing more than an expensive (the paper loses a fortune) lobbyist for Amazon. Is it used as protection against antitrust claims which many feel should be brought?” Trump said. He did not elaborate on any antitrust matters. Trump has frequently targeted Amazon for what he says is the company’s being subsidized by the Postal Service. The Amazon Washington Post has gone crazy against me ever since they lost the Internet Tax Case in the U.S. Supreme Court two months ago. Next up is the U.S. Post Office which they use, at a fraction of real cost, as their “delivery boy” for a BIG percentage of their packages....— Donald J. Trump (@realDonaldTrump) July 23, 2018[2] ....In my opinion the Washington Post is nothing more than an expensive (the paper loses a fortune) lobbyist for Amazon. Is it used as protection against antitrust claims which many feel should be brought?— Donald J. Trump (@realDonaldTrump) July 23, 2018[3] Also read: Amazon earnings: Prime Day isn’t the only thing giving business a boost[4]. ‘VERY HAPPY!’ Trump also took issue with a Washington Post report[5] that he is privately frustrated with how talks with North Korea are proceeding. “The Fake News is saying, without ever asking me (always anonymous sources), that I am angry because it is not going fast enough. Wrong, very happy!” he tweeted. Trump also spoke briefly on Iran as he toured a “Made in America” exhibition on the South Lawn, saying “none at all,” when asked if he had concerns about provoking tensions with the country. Sunday, the president tweeted a warning to the country’s president, Hassan Rouhani, saying there would be consequences if Iran threatens the U.S. Read: Trump tweets all-caps tirade warning Iran never to threaten U.S.[6] A Rocket has not been launched by North Korea in 9 months. Likewise, no Nuclear Tests. Japan is happy, all of Asia is happy. But the Fake News is saying, without...