Trump Escalates War With Bezos: “Amazon Costs Taxpayers Many Billions Of Dollars”

Tuesday, April 3, 2018
By Paul Martin

by Tyler Durden
Tue, 04/03/2018

Update (11:40 am ET): In a late-morning tweet, Sherman dropped a stray detail that he excluded from his original piece – but which doesn’t bode well for Amazon shares.

Sherman tweeted that “unlike Gary Cohn, Larry Kudlow agrees with Trump that Amazon is a ‘problem’, a source briefed on their conversations tells me.”

Amazon shares have climbed off their lows for the day and are now essentially flat.

* * *

Update (10 am ET): Trump doubled down on his anti-Amazon stance Tuesday morning, once again declaring that Amazon is draining money from the US Post Office and that Amazon “should pay these costs (plus) and not have them bourne by the American Taxpayer. Many billions of dollars. P.O. leaders don’t have a clue (or do they?)!”

The Rest…HERE

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