Trump again attacked Amazon and US mail

UNITED STATES (VOP TODAY NEWS) – US President Donald Trump once again accused Amazon of abuse of postal services.

“I’m right that Amazon is worth huge sums of money to the United States Postal Service, which is on parcels.” Amazon has to pay these costs (in addition), rather than impose them on the American taxpayer, “the president wrote in his tweet. The chiefs of the post do not suspect (or still suspect?)! “.

The activities of the US Post have been unprofitable for many years. Under American law, every citizen should have access to postal services six days a week. In 2013, Amazon signed an agreement with the post on the possibility of delivery of parcels and on Sundays. And the revenue of the postal service in this segment immediately began to grow, and losses decreased.

As noted by experts, significant financial problems of American mail are in many respects connected with multi-billion pension obligations, to which Amazon has no influence.

Since the beginning of the 1900s, US presidents have not criticized any company and no top manager so vehemently as Trump condemns Amazon and its founder, Jeff Bezos, writes MarketWatch.

Trump has taken up arms against Amazon since December 2015, when its owner Bezos allowed himself a series of critical remarks about him. Since mid-2017, the US president has written 13 tweets about Amazon, since last week, attacks have increased. On Monday, the Dow Jones Industrial Average lost nearly 460 points due to another Trump attack.

Shares of the US technology sector in the course of trading on Tuesday briefly moved to a decline, pulling the “red zone” stock index Nasdaq, but then resumed the recovery.

Investors were again alarmed by the tweets of American President Donald Trump about Amazon.com Inc. and the US Postal Service, reports Bloomberg.

US Treasuries prices are falling, gold is getting cheaper.

On Tuesday, the stock market’s decline was short-lived, investors’ attention turned to positive news about the automobile industry. However, experts believe that the president’s close attention in the near future will continue to exert pressure on both Amazon and the industry as a whole.

AmazonDonald TrumpUS