Trump Says He’ll Take ‘Very Serious Look’ at Amazon’s Business

President Donald Trump said he will take a “very serious look” at Amazon.com Inc. and what he said is an “uneven playing field” the retailer enjoys against competitors.

“I’m going to study it and take a look,” Trump told reporters aboard Air Force One on Thursday. “We’re going to take a very serious look at that.”

Trump aides said earlier in the week that the White House wasn’t preparing punitive measures toward Amazon, but it wasn’t immediately clear whether the president’s comments indicated a potential shift.

Amazon was little changed in extended trading, dropping 0.1 percent to $1,451.75 at 5:43 p.m. in New York. While Trump’s broadsides against the company battered the stock last week and into Monday, investors have shrugged off his latest assaults and sent the shares up each of the past three days.

Trump has fired off a barrage of criticism against Amazon and chief executive officer Jeff Bezos in Twitter postings since last week, sinking the Seattle-based Internet retailer’s market value by as much as $55 billion at one point. Trump has argued the company receives favorable treatment on taxes and postal rates.

“You look at the sales tax situation which is going to be taken up I guess very soon, there’s going to be a decision from the Supreme Court,” Trump told reporters on Thursday. “So we’ll see what happens. The post office is not doing well with Amazon that I can tell you.

“The playing field has to be level for everybody,” he said as he returned from a trip to West Virginia.

Amazon collects sales tax in every state that has one. But Amazon’s policies don’t apply to third-party merchants selling goods through its website, and many of those transactions remain untaxed. Such sales make up about half of the company’s volume. Amazon has said it’s up to the sellers to collect any taxes and many don’t.

The Trump administration has urged the U.S. Supreme Court to let state and local governments collect billions of dollars in sales taxes from online retailers. The justices are scheduled to hear arguments next month centering on a South Dakota law that calls for collecting sales taxes from large internet retailers even if they don’t have brick-and-mortar stores in the state. A ruling is expected by late June.

While its contract with Amazon is confidential, the Postal Service has argued that its e-commerce services benefit the organization and its mail customers. It is legally prohibited from charging shippers less than its delivery costs. Further, taxpayers don’t directly support the Postal Service’s operations.

Amazon regularly uses the Postal Service to complete what’s called the “last mile” of delivery, with letter carriers dropping off packages at some 150 million residences and businesses daily. The company has a network of 35 “sort centers” where customer packages are sorted by zip code, stacked on pallets and delivered to post offices for the final leg of delivery.

The company remains exposed to government action on other fronts.

The Justice Department or Federal Trade Commission could open antitrust or consumer protection investigations. The company is also competing for a multi-billion-dollar contract to provide cloud computing services to the Pentagon.

Safra Catz, the chief executive of Oracle Corp., one of Amazon’s rivals for the Defense Department contract, criticized the bidding process in a private dinner with Trump Tuesday, complaining that it favored Amazon, people familiar with the plans said.

Trump heard her out and said he wants the contract competition to be fair, but made no indication he’d interfere in the bidding, the people said. White House Press Secretary Sarah Huckabee Sanders said Wednesday that Trump isn’t interfering in the contract decision.

[Bloomberg]

Trump Claims “Rape” By Immigrants At Level Nobody Has Seen Before

Trump claims that Central American immigration ‘caravan’ is marauding band of rapists.

In fact in many cases, they’re traveling in groups because immigrants and asylum seekers are often victims of rape and theft.

[Talking Points Memo]

Media

Trump Blasts Washington Post Over ‘Phony’ Headline on China Trade War Story: ‘Amazon’s Chief Lobbyist’

Earlier this week, Vanity Fair‘s Gabriel Sherman reported, through a source, that President Donald Trump has been consumed of late by the following question:

“[H]ow can I fuck with [Amazon CEO Jeff Bezos]?”

Trump’s answer, apparently, is to go after Amazon — and the Bezos-owned Washington Post for good measure — on Twitter.

In a Thursday morning Tweet, Trump blasted the paper for its headline on a story about the escalating trade conflict with China.

“The Fake News Washington Post, Amazon’s ‘chief lobbyist,’ has another (of many) phony headlines, “Trump Defiant As China Adds Trade Penalties.” WRONG!” Trump wrote. “Should read, “Trump Defiant as U.S. Adds Trade Penalties, Will End Barriers And Massive I.P. Theft.” Typically bad reporting!”

Washington Post Executive Editor Marty Baron has sought to dispel Trump’s notion that Bezos controls the paper’s reporting.

“It’s completely made up,” Baron said this week, in an appearance on CBS This Morning. “There isn’t anybody here who is paid by Amazon. Not one penny.”

[Mediaite]

Trump: Dems ‘stand in our way’ on stronger border

President Trump on Wednesday called on Congress to take immediate action to strengthen border laws while accusing Democrats of standing in the way of legislation.

In a morning tweet, the president said current border laws are “very weak” and that “strong action” would be taken Wednesday.

his comes a day after the president said he wants to deploy U.S. troops to guard the southern border with Mexico until his proposed border wall is completed.

“Until we can have a wall and proper security, we are going to be guarding our border with the military,” Trump said Tuesday during a meeting with Baltic state leaders.

Trump has received increased pressure from his base to score a policy win on immigration after lawmakers did not address his plea for $25 billion in wall money in recent spending legislation.

The president instead got just $1.6 billion for border fortifications in a recent government funding bill, and most of that money cannot be used to build new portions of the wall.

Trump on Tuesday also cited a “caravan” of Central American migrants heading for the U.S. border, later saying he heard reports the caravan was broken up, crediting his threat to pull out of the North American Free Trade Agreement (NAFTA) if Mexico does not arrest more migrants.

“They did it because, frankly, I said you really have to do it,” the president said. “We’re going to have a relationship on NAFTA. We’re going to have to include security in NAFTA.”

The president has been attempting to renegotiate NAFTA terms with Mexico and Canada for months. He exempted the countries from his recent steel and aluminum tariffs and reportedly hopes to have an updated version of NAFTA to unveil during the Summit of the Americas later this month.

[The Hill]

Trump continues Amazon attacks, says it costs USPS ‘massive amounts’

President Trump is not backing down on his argument that Amazon financially hurts the U.S. Postal Service (USPS), tweeting on Tuesday that the mega-retailer costs USPS “massive amounts of money.”

“I am right about Amazon costing the United States Post Office massive amounts of money for being their Delivery Boy. Amazon should pay these costs (plus) and not have them bourne [sic] by the American Taxpayer. Many billions of dollars. P.O. leaders don’t have a clue (or do they?)!” Trump tweeted.

The president’s strike at Amazon on Tuesday follows a series of tweets in which he criticized the company’s shipping arrangements with USPS.

“Only fools, or worse, are saying that our money losing Post Office makes money with Amazon,” the president tweeted Monday. “THEY LOSE A FORTUNE, and this will be changed. Also, our fully tax paying retailers are closing stores all over the country…not a level playing field!”

The USPS does give Amazon a shipping discount because of the volume of packages it ships and has a deal with the USPS to ship packages on Sundays, but details of the arrangement have not been made public.

The accusation that Amazon is hurting the USPS has been disputed, with some fact-checkers saying that while the Postal Service is having problems, it is not because of Amazon.

Amazon owner Jeff Bezos has long been a target of Trump.

Bezos also owns The Washington Post, and Trump on Saturday accused him of using the newspaper as a “lobbyist” for Amazon. He has also often accused the Post of being “fake news.”

The Post and Amazon are two separate businesses and operate independently of one another.

[The Hill]

Donald Trump Tweet-Attacks CNN And Jeff Zucker, Gets Punched Back

President Donald Trump kicked off Tuesday tweet-ranting about CNN, claiming “you cannot get a job at CNN unless you state that you are totally anti-Trump.”

CNN chief Jeff Zucker – or “Little Jeff Zuker” as spelling-challenged Trump called him – is “not having much fun lately” POTUS said, claiming the job of his former boss, from his Apprentice days, is in jeopardy, job-wise.

“They should clean up and strengthen CNN and get back to honest reporting,” Trump said.

Maybe explaining Trump’s latest tantrum, on Monday, his latest campaign manager suggested pulling credentials of CNN’s Chief White House Correspondent Jim Acosta. That’s because Acosta had asked Trump about declaring DACA to be dead that morning, via Twitter. Trump had kicked off the day with that incendiary tweet, but the White House decided it would not have a press briefing on Monday. That left Acosta asking the question while Trump was photo-opping with children at the White House Easter Egg Roll.

After attacking CNN and Zucker, Trump then simper-tweeted thanks to Rasmussen which reported Trump’s approval rating at 50% in its latest poll. Trump insisted that “is higher than Cheatin’ Obama at the same time in his Administration.” Trump did not explain why he called Obama “cheatin’.”

No response from Obama so far. But CNN shot back.

“Once again, false,” the cable news network tweeted. “The personal political beliefs of CNN’s employees are of no interest to us. Their pursuit of the truth is our only concern. Also, Jeff’s last name is spelled Z-U-C-K-E-R. Those are the facts.”

“As for ‘challenged,’ CNN just finished its second highest rated first quarter in the past nine years. Those are the facts,” CNN continued.

“Interesting poll out of Monmouth: more people trust @CNN than @realDonaldTrump http://bit.ly/2IlT6Qf, ” CNN concluded.

[Deadline]

Trump Calls Out CNN, NBC, ABC, and CBS in Wake of Sinclair’s ‘Fake News’ Promos

Donald Trump is weighing in on Sinclair Broadcasting Group’s requirement that anchors read a prepared script about “fake news,” saying that outrage over the promotion is due to major networks fearing competition—and criticisms should instead be targeted at those news outlets.

“The Fake News Networks, those that knowingly have a sick and biased AGENDA, are worried about the competition and quality of Sinclair Broadcast,” Trump wrote in a Tweet.

It’s a curious charge given that Sinclair, which is known for its right-leaning news, has a symbiotic relationship with many of the networks Trump named. More than 80 of the broadcast group’s 173 stations are either ABC, NBC, or CBS affiliates.

[Fortune]

 

Trump Slams His Own DOJ Over Response to Document Requests: ‘An Embarrassment To Our Country!’

President Donald Trump has his daggers out, getting this week off to a rollicking start.

Today’s targets: DACA, the Democrats, and yes, of course, the DOJ.

Trump is going after his own Justice Department once again in his crusade to turn the tides of public opinion in his favor.

The Commander in Chief this morning shot off a tweet slamming the DOJ and FBI for not giving Congress the “unredacted documents” they requested:

House Judiciary Committee chairman Bob Goodlatte recently subpoenaed the DOJ for documents regarding the Hillary Clinton investigation and potential FISA abuses.

[Mediaite]

Trump keeps up Twitter assault on Amazon, this time criticizing its U.S. Postal Service contract

President Trump on Monday doubled down on his criticism of the U.S. Postal Service’s arrangement with Amazon, saying he would change how much the country’s largest online retailer pays in shipping fees.

“Only fools, or worse, are saying that our money losing Post Office makes money with Amazon,” he tweeted Monday morning. “THEY LOSE A FORTUNE, and this will be changed.”

The tweet marked the third time since Thursday Trump has lashed out against Amazon. The retailer’s stock was down 4.9 percent in morning trading.

Last week he attacked the retailer for paying “little or no taxes to state & local governments” and said the company uses “our Postal System as their Delivery Boy (causing tremendous loss to the U.S.)”

Two days later, he asserted the USPS loses an average of $1.50 on each Amazon delivery. “This Post Office *scam* must stop. Amazon must pay real costs (and taxes) now!” he tweeted.

Amazon collects local taxes in the 45 states that require it, although third-party sellers may have other arrangements.

Trump also incorrectly said The Washington Post is a lobbyist for the retailer. (The Post is personally owned by Jeffrey P. Bezos, the founder and chief executive of Amazon. The newspaper operates independently of Amazon.)

Amazon and USPS declined to comment on Trump’s tweet Monday morning.

The Postal Regulatory Commission, an independent federal agency, oversees the Postal Service’s pricing structure and reviews its contract with Amazon annually.

Amazon does receive a discount from the Postal Service, though the details of that arrangement have not been disclosed. An independent regulator reviews the contract every year to make sure it continues to be profitable for USPS.

Although Monday’s tweet was the first time the president implied he would try to change how much USPS charges Amazon, he has railed against its pricing structure in the past. In December, Trump attacked the company’s arrangement with the U.S. Postal Service and said the agency should raise the shipping rates it charges Amazon.

“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?” he tweeted. “Should be charging MUCH MORE!”

A fast rise in parcel deliveries — many of them from Amazon — has helped offset some of the Postal Service’s losses in recent years. In 2017, USPS delivered 589 million more packages than it did a year earlier, amounting to an 11.4 percent growth in volume and $2.1 billion increase in revenue. (Mail volume, meanwhile, decreased by about 5 billion pieces, or 3.6 percent.) Overall, the Postal Service reported a $2.7 billion loss last year on revenue of $69.6 billion.

[Washington Post]

Trump Defends Sinclair Amid Controversy: ‘Far Superior to CNN and Even More Fake NBC’

In response to the controversy surrounding Sinclair Broadcasting Group, which went viral over the weekend, President Donald Trump came to the company’s defense, claiming on Twitter that “Sinclair is far superior to CNN and even more Fake NBC.”

Scrutiny of the company began after Deadspin video showed local anchors working at stations owned by Sinclair repeating the exact same anti-media talking points that echoed Trump’s attacks on the mainstream press. The segment was part of a new intuitive on “fake stories” that Sinclair is forcing their stations to air.

Trump predictably sided with Sinclair in the controversy, tweeting this morning, “So funny to watch Fake News Networks, among the most dishonest groups of people I have ever dealt with, criticize Sinclair Broadcasting for being biased. Sinclair is far superior to CNN and even more Fake NBC, which is a total joke.”

CNN’s media reporter Brian Stelter, who first broke the Sinclair story, responded to the president on Twitter by thanking him for watching CNN.

[Mediaite]

Media

1 53 54 55 56 57 74