FOLLOW US

Business March 31, 2018 3 mins read

Pres. Trump Accuses Amazon of Scamming U.S. Post Office

Business ı By Marivic Cabural Summers

0 Comments

Amazon Prime shipping

President Donald Trump accused Amazon of scamming the United States Postal Service (USPS) over shipping costs on Saturday.

This is the second time in three days the President slammed the e-commerce giant on Twitter.

In his latest tweet, Trump claimed that USPS will lose an average of $1.50 per package it delivers for Amazon. He believed that the post office is losing billions of dollars.

In addition, the President estimated that Amazon’s shipping cost will increase by $2.6 billion if USPS will raise its parcel rates. He said the “scam must stop” and the e-commerce giant “must pay real costs (and taxes) now!”

Last year, a Citigroup analysis indicated that Amazon is receiving a subsidy of $1.46 per package from USPS. However, the company argued that Postal Regulatory Commission consistently found that its contracts profitable for the post office.

Additionally, Amazon pointed out that it “invested hundreds of millions of dollars…directly into the USPS last mile network. This investment resulted in more efficient processes as well as thousands of jobs and related economic benefits in local communities.”

Trump wants to go after Amazon over taxes

On Wednesday, Axios reported that Trump is obsessed with Amazon and he wants to go after it due to its tax treatment. He also believed that the e-commerce giant is hurting brick-and-mortar retailers and shopping malls. He is wondering if the government could the use the antitrust or competition law against the company.

Amazon’s stock price declined more than 4% on Wednesday. The e-commerce giant lost more than $30 billion in stock value that day.

On Thursday, Trump confirmed the media outlet’s report. In a tweet, he emphasized that he had concerns with Amazon long before the election. He noted that the e-commerce giant is paying “little or no taxes to state and local governments.” He also claimed that it is “putting many thousands of retailers out of business.”

Over the past five trading days, Amazon’s stock price dropped 6%. Before the Axios report, AMZN shares traded as much as $1,574.26 each. On Thursday, the stock closed at $1,447.34 per share.

The U.S. stock markets are closed on Friday to observe Good Friday, a Christian holiday commemorating the crucifixion and death of Jesus Christ.

Previous Article

Texas Woman Gets Half A Decade in Prison For Unlawful Voting

Read More
2032 Posts

Marivic Cabural Summers

Marivic has been a freelance writer/journalist for nearly 20 years. She strictly adheres to the ethical standards in journalism. For her, integrity is everything. Readers deserve to know that real story. She previously worked as research analyst and editor at Lombardi Financial and has written for various websites including The Motley Fool, ValueWalk, IcannWiki and was a news writer/radio program producer at Nation Broadcasting Corporation. Marivic holds a BA in Mass Communications.

Discussion

No comments yet. Be the first to join the discussion!

Don’t Miss It
America October 21, 2026 Spartanburg Woman $8K Insurance Fraud Case Leads to Arrest By – Rachel Moore
America October 21, 2026 Musk and Trump Have a Starlink Problem They Can’t Spin Away By – Michallie Harrison
America October 21, 2026
Texas Trans Texts Spark Election Propaganda…

News Analysis | Texas voters began casting early ballots Monday,…

By – Michallie Harrison
America October 20, 2026
Auto-Owners Insurers Verdict: Jury Awards Warehouse…

A North Carolina federal jury has awarded nearly $2 million…

By – Tyler Brooks
America October 20, 2026
NJ $10M Car Insurance Fine: Geico…

New Jersey insurance regulators have accused Geico of overcharging motorists…

By – Tyler Brooks
America October 20, 2026
Ara Partners $2.5B Energy Fund Reaches…

Ara Partners has secured $2.5 billion in capital commitments for…

By – Tyler Brooks
America October 20, 2026
DXC Sell Insurance Software Division in…

DXC Technology is in advanced discussions to sell its insurance…

By – Tyler Brooks
America October 20, 2026
Burger King Hello Kitty Meal Arrives…

Few pairings feel as inevitable as a kids’ meal and…

By – Rachel Moore
America October 20, 2026
Kyle Kennedy Death at 42 Mourned…

Some people inherit a famous name. Fewer spend it on…

By – Rachel Moore
America October 20, 2026
Christina Applegate Misdiagnosed: Five Years Treating…

Most people would celebrate hearing they don’t have a chronic…

By – Rachel Moore
America October 20, 2026
Prudential’s $4B Brazil Mexico Sale Hands…

Big companies sometimes grow by letting go, the way a…

By – Rachel Moore
America October 20, 2026
CBRE £760M Onnec Buy Targets Booming…

Real estate services giant CBRE Group Inc. has agreed to…

By – Rachel Moore
America October 20, 2026
California Ballots: DOJ Cites Charges Against…

WASHINGTON — The Justice Department is citing charges against 28…

By – Michallie Harrison
America October 20, 2026
Richard Riehle Dies at 78, Leaving…

Richard Riehle, the character actor whose memorable roles included “Office…

By – Michallie Harrison
America October 20, 2026
Extreme Heat Is Spreading and Lasting…

An extreme heat event lasting 367 days touched nearly 85%…

By – Michallie Harrison
America October 19, 2026
Information Ecosystem: Five Tools to Detect…

The information ecosystem is increasingly vulnerable to misinformation. There are…

By – Jackie Allen
America October 19, 2026
Kohen Wiley Is Dead. Mississippi Owes…

Kohen Wiley was 1 year old when police gunfire killed…

By – Michallie Harrison
America October 19, 2026
AP Fact Check Examines Online Claims…

AP Fact Check reviews disputed claims, examines evidence and helps…

By – Jackie Allen
America October 19, 2026
Skywatchers: Meteor Season Brings Orionid and Taurid…

The Autumn Meteor Season is underway,. Skywatchers will have two…

By – Jackie Allen
America October 19, 2026
Patriot Missiles Delayed Despite Payment, Zelenskyy…

WASHINGTON — The United States is delaying deliveries of Patriot…

By – Michallie Harrison
America October 19, 2026
Trump’s Russia Policy: Cornyn Shares Investigation…

WASHINGTON — Republican Sen. John Cornyn has amplified a call…

By – Michallie Harrison
America October 19, 2026
Human Genome Project Legacy Advances Research…

The Human Genome Project transformed scientists’ understanding of human DNA.…

By – Jackie Allen
America October 19, 2026
An Airman Died After a Pregame…

By Michallie K. Harrison | Opinion Tech. Sgt. Ian Patterson’s…

By – Michallie Harrison
America October 18, 2026
Hunter’s Moon Illuminates October Skies

The Hunter’s Moon will light up the autumn sky in…

By – Jackie Allen
America October 18, 2026
Alleged Chinese Agent Has Ties to…

A Federal investigation into California realtor Wanying “Heather” Zhang reveals…

By – Jackie Allen
America October 18, 2026
Protests in Paris: Macron to Address…

PARIS, France — October 18, 2026 — Protests in Paris…

By – Jackie Allen
America October 16, 2026
HealthSplash VP 18 Months Sentencing Rewards…

Cooperation can shave years off a prison term, but it…

By – Tyler Brooks
America October 16, 2026
Daylight Saving Time Returns Nov. 1…

Americans will turn their clocks back one hour on Nov.…

By – Jackie Allen
America October 16, 2026
California Identifies New York Life, Aetna,…

Key Takeaways   California’s Department of Insurance maintains an official…

By – Samuel Lopez
America October 16, 2026
Three Children, Teacher Killed in Oregon…

BEND, Ore. — An Oregon school shooting killed three children…

By – Michallie Harrison
America October 15, 2026
Trump Scraps Hegseth’s Execution Livestream After…

WASHINGTON — President Donald Trump canceled the planned execution livestream…

By – Michallie Harrison
America October 13, 2026
Pope Leo XIV’s Surgery Exposes Gap…

By Samuel López | USA Herald VATICAN CITY — As…

By – Samuel Lopez
America October 16, 2026
NFL Player $300M Hip Surgery Lawsuit…

Athletes bet their bodies on surgeons the way pilots bet…

By – Tyler Brooks
America October 16, 2026
Russian Drone Strikes Hit American Businesses…

Russian drone strikes against American-linked businesses in Ukraine are raising…

By – Jackie Allen
America October 11, 2026
AP Poll Top 25: Georgia Claims…

Georgia has reclaimed the top spot in the AP Poll…

By – Rachel Moore
America October 10, 2026
A.J. Armstrong: Former NFL Player’s Son…

 HOUSTON — Antonio “A.J.” Armstrong Jr., the son of former…

By – Jackie Allen
America October 9, 2026
NFL Pro Tyreek Hill Takes the…

What the Jury Is Hearing Lakeeta “Keeta” Vaccaro Hill testified…

By – Samuel Lopez
America October 9, 2026
Terrell Owens Sued By Nolan Wells’…

What Readers Need to Know Three young men who were…

By – Samuel Lopez

No posts found.

No posts found.

Signup for the USA Herald
exclusive Newsletter