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Transcript

00:00:01
>> Amazon has long been one of the President's favorite Twitter targets. He's repeatedly accused the e-commerce giant of bulking the US Postal Service for package deliveries. But for once, the administration and Amazon are on the same page. Trump is demanding changes from the United Nations' Universal Postal Union, which sets rates on international mail delivery.
00:00:24
The arcane system currently means it can cost less to ship a small package to Los Angeles from Beijing than to ship it domestically from New York. American companies have for years complained that this puts them at a disadvantage, demanding foreign postal carriers pay more to USPS for package delivery, could help American companies better compete with rivals.
00:00:46
It could also help Amazon, but for different reasons, says Reuters' correspondent Jeffrey Dastin.>> It's kind of interesting, because Amazon's model allows to profit either from sales by a Chinese merchant on its platform or from sales that a US merchant has on Amazon's platform. And so that has led some other people to speculate this isn't just about Amazon supporting US small businesses.
00:01:12
It's also about Amazon potentially trying to head off a challenge from Alibaba or other companies in China that could sell into the United States and benefit from these postal arrangements.>> Still, the US move may face push back from countries like China and Brazil during Universal Postal Union's meeting next month.
00:01:34
But in his memo, President Trump say the union the US could consider the possibility of setting its own rate if insufficient progress is made from that meeting.