Amazon (AMZN) Lower Again as Trump Escalates Attacks

Amazon (NASDAQ: AMZN) is adding to recent weakness in pre-open trade following more attacks from President Trump. After hitting the company last week on taxes and its abuse of the U.S. Postal Service, Trump detailed his Post Office compliant. Shares of Amazon are down 1.8% in pre-open trading.

In a tweet, Trump cited reports that the U.S. Post Office will lose $1.50 on average for each package it delivers for Amazon. He notes if the Post Office increased its parcel rates, Amazon’s shipping costs would rise by $2.6 Billion.

"This Post Office scam must stop," he commented. "Amazon must pay real costs (and taxes) now!"

While we are on the subject, it is reported that the U.S. Post Office will lose $1.50 on average for each package it delivers for Amazon. That amounts to Billions of Dollars. The Failing N.Y. Times reports that “the size of the company’s lobbying staff has ballooned,” and that...

— Donald J. Trump (@realDonaldTrump) March 31, 2018

...does not include the Fake Washington Post, which is used as a “lobbyist” and should so REGISTER. If the P.O. “increased its parcel rates, Amazon’s shipping costs would rise by $2.6 Billion.” This Post Office scam must stop. Amazon must pay real costs (and taxes) now!

— Donald J. Trump (@realDonaldTrump) March 31, 2018

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