Trump targets Amazon in call for postal service to hike prices

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Trump targets Amazon in call for postal service to hike prices


2017-12-29 13:16:43

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

Our Standards:The Thomson Reuters Trust Principles.



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