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Axios reported that President Trump wants to “go after” Amazon with antitrust enforcement or by changing tax rules.
“He’s obsessed with Amazon,” a source told Axios.
Investors shouldn’t be surprised that Trump is reportedly grumbling about Amazon again. It’s no secret that Trump hates Amazon (AMZN). He has repeatedly told the world on Twitter how much he dislikes the company.
In August, he tweeted: “Amazon is doing great damage to tax paying retailers. Towns, cities and states throughout the U.S. are being hurt – many jobs being lost!”
Trump also tweeted about Amazon hurting the US Post Office.
He often criticizes The Washington Post, which is owned by Amazon CEO Jeff Bezos — but not by Amazon. He misleadingly called it the “Amazon Washington Post.”
Last year, Trump wrote on Twitter: “The #AmazonWashingtonPost, sometimes referred to as the guardian of Amazon not paying internet taxes (which they should) is FAKE NEWS!”
He has even called Amazon a “no-tax monopoly.”
Amazon declined to comment. White House Press Secretary Sarah Sanders said Wednesday that the Trump administration isn’t considering action on Amazon “at this time.”