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]

Homeland Security to Compile Database of Journalists, Bloggers

The U.S. Department of Homeland Security wants to monitor hundreds of thousands of news sources around the world and compile a database of journalists, editors, foreign correspondents, and bloggers to identify top “media influencers.”

It’s seeking a contractor that can help it monitor traditional news sources as well as social media and identify “any and all” coverage related to the agency or a particular event, according to a request for information released April 3.

The data to be collected includes a publication’s “sentiment” as well as geographical spread, top posters, languages, momentum, and circulation. No value for the contract was disclosed.

“Services shall provide media comparison tools, design and rebranding tools, communication tools, and the ability to identify top media influencers,” according to the statement. DHS agencies have “a critical need to incorporate these functions into their programs in order to better reach federal, state, local, tribal, and private partners,” it said.

The DHS wants to track more than 290,000 global news sources, including online, print, broadcast, cable, and radio, as well as trade and industry publications, local, national and international outlets, and social media, according to the documents. It also wants the ability to track media coverage in more than 100 languages including Arabic, Chinese, and Russian, with instant translation of articles into English.

The request comes amid heightened concern about accuracy in media and the potential for foreigners to influence U.S. elections and policy through “fake news.” Nineteen lawmakers including Reps. Josh Gottheimer (D-N.J.), Lee Zeldin (R-N.Y.), Ron DeSantis (R-Fla.), and Sen. Ted Cruz (R-Texas), sent a letter to Attorney General Jeff Sessions last month, asking whether Qatar-based Al Jazeera should register as a foreign agent because it “often directly undermines” U.S. interests with favorable coverage of Hamas, Hezbollah and al-Qaeda’s branch in Syria.

The DHS request says the selected vendor will set up an online “media influence database” giving users the ability to browse based on location, beat, and type of influence. For each influencer found, “present contact details and any other information that could be relevant, including publications this influencer writes for, and an overview of the previous coverage published by the media influencer.”

A department spokesman didn’t immediately return a phone call and email seeking comment.

Responses are due April 13. Seven companies, mainly minority- or women-owned small businesses, have already expressed interest in becoming a vendor for the contract, according to the FedBizOpps web site.

[Bloomberg]

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 Commands Latvian President to Call on ‘Real News, Not Fake News’ Reporter in Stunning Presser

During his press conference with fellow world leaders from the Baltics, President Donald Trump asked the president of Latvia to take questions from the international press corps because the American media is all “fake news.”

Latvia’s Raimonds Vejonis stood with Trump today as they and their counterparts from Estonia and Lithuania took questions from the room. At one point, Trump pointed at Vejonis and beckoned him to choose the next reporter to speak.

“A Baltic reporter ideally,” Trump said. “Real news, not fake news.”

Vejonis grinned as a tangible awkwardness took hold, though Trump kept calling on him to pick a reporter. Trump warned him however to not pick the same journalist who asked the last question because he “was very tough.”

[Mediaite]

Media

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 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

Trump continues attacks on Amazon, Washington Post

President Donald Trump is continuing his attack against Amazon, accusing the company of scamming the US Postal Service.

“While we are on the subject, it is reported that the U.S. Post Office will lose $1.50 on average for each package it delivers for Amazon. That amounts to Billions of Dollars,” Trump tweeted Saturday morning.

“The Failing N.Y. Times reports that ‘the size of the company’s lobbying staff has ballooned,’ and that……does not include the Fake Washington Post, which is used as a ‘lobbyist’ and should so REGISTER,” the President wrote. “If the P.O. ‘increased its parcel rates, Amazon’s shipping costs would rise by $2.6 Billion.'”

He added, “This Post Office scam must stop. Amazon must pay real costs (and taxes) now.”

Is it a ‘scam’?

The Postal Service is losing money, but its package delivery service is profitable, unlike its letter delivery.

The Postal Service is required by law to cover its costs for delivering competitive products, such as packages for Amazon, and the Postal Regulatory Commission, which oversees the service, set the appropriate share of those costs at 5.5% a little more than a decade ago.

Since then, the service’s deliveries of those products have grown substantially, and the United Parcel Service argued in a submission to the commission in 2015 that a realistic appropriate share of costs for delivering packages should be about 24.6%.

A Citigroup analysis last year found that that difference would amount to about $1.46 per parcel, which might serve as the basis for Trump’s $1.50 figure. An op-ed penned in July by Josh Sandbulte in the Wall Street Journal cited that analysis in arguing the Postal Service’s estimate of costs for delivering packages should be revised. Sandbulte is co-president of Greenhaven Associates, a money management firm that owns FedEx common stock.

In response, US Postal Service executive Joseph Corbett wrote that the op-ed provided an “inaccurate and unfair account,” and that the Postal Regulatory Commission has determined each year that the service is covering its costs for package deliveries.

Corbett asserted the Postal Service’s financial insolvency is the result of its inability to overcome “systemic financial imbalances caused by legal and other constraints,” such as a price cap on revenue-producing products that doesn’t take changes in delivery volumes and costs into account.

The Postal Service’s biggest money problem is that it has billions in retirement obligations to its workers that it can’t afford.

So what does Amazon pay?

Amazon pays the US post office to deliver packages to customers’ doors, including on Sundays, and because Amazon ships so many packages though the post office, it’s charged at a lower rate than most customers, CNN has reported. But Amazon does not receive a special rate; it pays the rate that the post office charges other bulk shippers.

Neither Amazon nor the post office has disclosed the details of its agreement, but the Postal Service says the deal is mutually beneficial.

On Thursday, Trump tweeted another accusation about Amazon not paying “taxes to state & local governments” and “putting many thousands of retailers out of business.”

Amazon collects sales tax in every state that charges one and remits it to the states, which is nearly every state. Amazon also pays local property taxes on its distribution centers as well as on the Whole Foods stores it purchased last year.

Amazon maintains it helps small businesses in a tough retail climate, helping vendors reach a mass audience.

This isn’t the first time Trump has accused The Washington Post of being a lobbying arm of Amazon. While both companies are owned by Jeff Bezos, Amazon does not have a stake in The Washington Post.

[CNN]

Trump escalates attack on Amazon, slams it on taxes, shipping

U.S. President Donald Trump on Thursday blasted Amazon.com Inc (AMZN.O) with a list of complaints, a day after news website Axios reported that Trump wants to curb the mega retailer’s growing power using federal antitrust laws and led its shares to fall almost 5 percent.

“I have stated my concerns with Amazon long before the Election. Unlike others, they pay little or no taxes to state & local governments, use our Postal System as their Delivery Boy (causing tremendous loss to the U.S.), and are putting many thousands of retailers out of business!” Trump said in a post on Twitter early on Thursday.

Amazon founder and chairman, Jeff Bezos, also privately owns the Washington Post, which won a Pulitzer Prize last year for its investigation of Trump’s donations to charities. The probe found that many of Trump’s philanthropic claims were exaggerated and often were not charitable donations.

Still, White House Deputy Press Secretary Raj Shah shot down the notion that Trump’s criticism was part of a personal grudge.

“A lot of people have made this, with respect to Amazon, about personalities and the CEO at Amazon – we’re talking about Jeff Bezos here,” he said on Thursday on the Fox News Channel. “It’s really about policy.”

Shah reiterated that Trump was not making specific policy changes.

“There are a number of proposals that have worked their ways through the House and the Senate or have been considered by the House and the Senate. He’d be supportive of such efforts,” he said.

Trump’s claims about Amazon’s state and local tax payments have been met with skepticism. While the company was once criticized for attempting to skirt state sales taxes, it currently has a reputation as a leader in collecting the levies, which can vary from state to state.

Legally pursuing Amazon could affect more than its share price, which was largely steady after Trump’s tweet. Amazon is currently in the process of establishing a $5 billion second headquarters which could bring 50,000 new jobs to the location it selects. In January, it winnowed the list of possible locations down to 20 metropolitan areas.

Apart from nationwide goods deliveries, Amazon’s services include video streaming, a digital home assistant known as Alexa, and an online payments program.

[Yahoo]

Reality

Trump was informed many times that the Postal Service actually makes money from Amazon, a lot, but he refuses to accept this information

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