After Amazon announced a partnership with a French grocery store, the attention turned shifted back home towards the company. The President of the United States, Donald Trump, criticized Amazon twice in the same week for not paying enough taxes and getting affordable rates via the postal service.
Trump aimed the accusations at Amazon and took to Twitter to post the message publicly. According to Reuters, a news report from Axios explained why Trump is obsessed with the e-commerce company. In addition, the analysis goes on to explain ways Amazon's power should be reduced through antitrust or competition laws.
At the news of Amazon undergoing some regulatory action dropped down the company shared 3.3 percent Wednesday and Thursday of last week. In other words, this knocked off $24 billion market value for the electronics giant.
Trump added via Twitter that the U.S Postal Service loses $1.50 on average for every package it delivers for Amazon. Furthermore, on Saturday the president said this arrangement amounts to Billions of dollars lost.
"If the P.O. 'increased its parcel rates, Amazon's shipping costs would rise by $2.6 Billion,'" Trump tweeted, although it was not clear what report he was citing. "This Post Office scam must stop. Amazon must pay real costs (and taxes) now!"