Lawmaker: Trump's Tweets On Amazon Are Personal

Amazon's logistics office in northern France

Read time 2min 20sec Amazon's logistics office in northern France

U.S. President Donald Trump was voicing concern about Inc when he commented about the company on Twitter on Thursday, but the administration has no action dealing with the company at this time, the White House said. He also notes how they "use our Postal System as their delivery boy (causing tremendous loss to the U.S.) and are putting thousands or retailers out of business!"

However, Amazon does not collect state taxes on third-party sellers who use the Amazon platform to sell their products.

Read Friday's Arkansas Democrat-Gazette for full details. And Amazon signed a deal in 2014 with the post office to deliver packages on Sundays.

Amazon pays the federal corporate tax and collects taxes in all 46 states where sales taxes exist, plus the District of Columbia. The president is said to be "obsessed with Amazon", who he believes has gotten unfair tax benefits and preferential treatment from the US Postal Service.

"The president has expressed his concerns with Amazon", White House spokeswoman Lindsay Walters told reporter on Air Force One en route to OH, where Trump was delivering a speech. Amazon shares dropped sharply after the Axios report. Toys R Us and other retailers that have filed for bankruptcy or gone out of business have said that Amazon's low prices were hard to compete with.

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Trump kept up the attack Thursday and appears to have inaccurate information about the way Amazon runs its business. "And that puts brick-and-mortar retail stores at a disadvantage".

It was not clear what Trump's comments were based on.

He said: "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".

The president is correct that Amazon does not always collect city and local sales taxes, according to analysis earlier this week by the Institute on Taxation and Economic Policy.

On later Wednesday, White House press secretary Sarah Huckabee Sanders said that the White House has no plan on any policy move directed at Amazon. "So has Starbucks, Barnes & Noble, Kroger and any other superstore that took share from small businesses". Trump took a jab at Amazon, calling it a "no profit company", and at the Bezos-owned The Washington Post, saying it's "losing a fortune".

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