>> US President Donald Trump stepping up his attacks on Amazon Saturday, blasting the company on Twitter for the second time in a week. The president accused the retail giant of scamming the US Postal Service and not paying enough in taxes. Though it was unclear what report he was citing, Trump word on Twitter, it is reported that the US Post Office will lose $1.50 on average for each package it delivers for Amazon.
That amounts to billions of dollars. Earlier this week, Trump lit in to Amazon with similar comments, which may have been prompted by a report from Axios saying he was quote, obsessed with Amazon and wants to curb its growing power. But White House Press Secretary Sarah Huckabee Sanders told report Reporters last week there were no announcements and no specific policies on Amazon yet.
>> The president has said many times before, he's always looking to create a level playing field for all businesses and this is no different. And he's gonna always look at ways but there aren't any specific policies on the table at this time.>> Though that didn't seem to calm investors.
Shares of the company were down over 3% over Wednesday and Thursday, knocking $24 billion off its market value. Trump has time and time again blasted Amazon and its billionaire founder, CEO Jeff Bezos. He has also bashed The Washington Post, which Bezos owns.