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 September 27, 2026
Trump Allies Urge Martial Law to Intervene in Midterms
By – Michallie Harrison
America September 27, 2026
Buried In Pentagon’s 6th UAP File…

Three Key Takeaways A newly released DIA paper went beyond…

By – Samuel Lopez
America September 27, 2026
Race Faker: Philadelphia activist Hannah Gann…

A Philadelphia teacher and activist described online as a “race…

By – Jackie Allen
America September 27, 2026
Giant Pandas at Zoo Atlanta Arrive…

Not every diplomatic gesture arrives wrapped in black-and-white fur, but…

By – Tyler Brooks
America September 27, 2026
Nor’easter Floods Northeast, Cuts Power to…

Most storms pass through and go — a burst of…

By – Tyler Brooks
America September 27, 2026
Google’s Birthday Marks 28 Years Since…

Some birthdays come with cake; Google’s comes with a homepage…

By – Tyler Brooks
International September 26, 2026
Arrested Six Times in 107 Days,…

19-year-old suspect detained on Barcelona’s waterfront over the June 24…

By – Rochdi Rais
America September 26, 2026
The Exorcist Terrified Moviegoers Then Haunted…

What Still Lurks Behind The Exorcist The legal fight overBeyond…

By – Samuel Lopez
America September 26, 2026
Georgia Parents Sue Pepsi After Vending…

What Parents Say Pepsi Knew A former Pepsi vendor was…

By – Samuel Lopez
America September 26, 2026
Miami Art Dealer Who Faked Warhol…

Before You Read The Full Story — Three Things To…

By – Samuel Lopez
America September 26, 2026
Sixth Circuit Guts Kalshi’s Federal Shield,…

THE SWAP DEFENSE FALLS APART The Sixth Circuit says Kalshi’s…

By – Samuel Lopez
America September 26, 2026
Apple Stunned by Record $5.72 Billion…

What This Record Verdict Really Means Apple was hit with…

By – Samuel Lopez
America September 26, 2026
‘No-Contact Order’ Stops Elizabeth Holmes from…

THE MONEY TRAIL BEHIND HER RELEASE Holmes can’t contact the…

By – Samuel Lopez
America September 26, 2026
VisionQuest Brings Marvel’s Vision Trilogy to…

VisionQuest is set to bring Marvel Television’s story of Vision…

By – Jackie Allen
America September 26, 2026
Nor’easter Slams New Jersey as East…

A powerful nor’easter is battering the East Coast, leaving tens…

By – Jackie Allen
America September 26, 2026
United Nations Diplomacy Focuses on Iran…

The United Nations became a major venue for renewed diplomatic…

By – Jackie Allen
America September 26, 2026
New York Sues Polymarket Claiming Prediction…

What This Fight Is Really About New York says Polymarket…

By – Samuel Lopez
America September 25, 2026
Iranian Flights Curtailed as Saudi Arabia…

Iranian Flights are facing further restrictions across the region as…

By – Jackie Allen
America September 24, 2026
Nolan Wells Autopsy: ‘No Fluid or…

ORLANDO, Fla. — Nolan Wells’ family attorneys say cellphone data…

By – Michallie Harrison
America September 25, 2026
What If They Are Not From…

Key Takeaways The popular assumption that a genuinely nonhuman UAP…

By – Samuel Lopez
America September 24, 2026
AI Bots Are Calling Customer Service:…

AI Bots are increasingly becoming part of an unexpected new…

By – Jackie Allen
And More September 24, 2026
Nazi Prosecution: Three Landmark Cases and…

A new Nazi Prosecution investigation is taking place in Dortmund,…

By – Jackie Allen
America September 24, 2026
Island $6.4B Valuation Reflects Bet on…

Some companies grow steadily, year over year, in predictable increments.…

By – Rachel Moore
America September 24, 2026
Starbucks Closing 250 Stores Across North…

What Starbucks Workers Need to Know Starbucks is closing roughly…

By – Samuel Lopez
America September 24, 2026
California’s $11 Billion Undocumented Immigrant Benefits…

By Samuel López | USA Herald SACRAMENTO – California is…

By – Samuel Lopez
America September 24, 2026
California’s $11 Billion Undocumented Immigrant Benefits…

By Samuel López | USA Herald SACRAMENTO – California is…

By – Samuel Lopez
America September 22, 2026
Hayden Panettiere’s Cause of Death Confirms…

What the Toxicology Findings Tell Us Hayden Panettiere’s death has…

By – Samuel Lopez
America September 22, 2026
Clavicular Charged With Rape In Massachusetts…

What Matters Now Braden Peters, known online as Clavicular, faces…

By – Samuel Lopez
America September 22, 2026
VP JD Vance and Dr. Oz…

Insurance Impact at a Glance CMS says it canceled 315,000…

By – Samuel Lopez
America September 19, 2026
Iranian Government Holds Rally as War…

The Iranian Government organized its allegedly largest rally since the…

By – Jackie Allen
America September 19, 2026
Businesses Face Rising ADA Lawsuits Over…

Key Takeaways Website-accessibility litigation is surging, with 432 new digital…

By – Samuel Lopez
America September 24, 2026
New York Sues Polymarket Over Alleged…

What’s Riding on the Bet New York says Polymarket’s sports…

By – Samuel Lopez
America September 23, 2026
Roblox widow alleges $6 million scam,…

The Roblox widow says a former companion took $6 million…

By – Jackie Allen
America September 22, 2026
Network Traffic Challenges May be Reshaped…

Network traffic has traditionally moved in one dominant direction: from…

By – Jackie Allen
America September 21, 2026
Gilbert Goons Defendant Arrested Again for…

A Gilbert Goons defendant awaiting trial in the 2023 death…

By – Jackie Allen
America September 20, 2026
Caleb Williams Injury Ends Bears QB’s…

Some plays end with a first down. This one ended…

By – Rachel Moore
America September 20, 2026
Saquon Barkley Injury Sidelines Eagles Star…

Football fortunes can flip on a single play — and…

By – Tyler Brooks

No posts found.

No posts found.

Signup for the USA Herald
exclusive Newsletter