Friday 29 December 2017

Trump targets Amazon in call for postal service to hike prices

2017 12 29T131847Z 1 LYNXMPEDBS0QA RTROPTP 0 USA TRUMP 1 150x150 - Trump targets Amazon in call for postal service to hike prices
Trump targets Amazon in call for postal service to hike prices
U.S. President Donald Trump departs the White House in Washington
U.S. President Donald Trump departs for holiday travel to his Mar-a-Lago estate in Florida, from the White House in Washington, U.S. December 22, 2017. REUTERS/Jonathan Ernst

December 29, 2017

WASHINGTON (Reuters) – U.S. President Donald Trump on Friday targeted online retailer Amazon<AMZN.O> in a call for the country’s postal service to raise prices of shipments in order to recoup costs.

“Why is the United States Post Office, which is losing many billions of dollars a year, while charging Amazon and others so little to deliver their packages, making Amazon richer and the Post Office dumber and poorer? Should be charging MUCH MORE!” Trump wrote in a post on Twitter.

(Reporting by Makini Brice; Editing by Frances Kerry)

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source https://capitalisthq.com/trump-targets-amazon-in-call-for-postal-service-to-hike-prices/

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