>> US President Donald Trump renewing his attack on Amazon Thursday. A day after a published report claimed he wants to curb the company's growing power. The President writing on Twitter, quote, I have stated my concerns with Amazon long before the election. Unlike others, they pay little or no taxes to state and local governments, use our postal system as their delivery boy.
And are putting many thousands of retailers out of business. On Wednesday, Axios reported that Trump was, quote, obsessed with Amazon. And wanted to rein in the company's growth using federal antitrust laws. Prompting a sell off in Amazon shares wiping more than $30 billion of its market value. But White House Press Secretary Sarah Huckabee Sanders told reporters Wednesday, 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.>> Trump has time and again blasted Amazon and its billionaire founder, CEO Jeff Bezos. Like in this post from August 2016, where he wrote, quote, Amazon is doing great damage to tax paying retailers.
Towns, cities, and states throughout the US are being hurt, many jobs being lost. He has also repeatedly bashed The Washington Post, which Bezos owns. The newspaper won a Pulitzer Prize last year for its investigation of Trump's donations to charities. As for Trump's claims about Amazon's record on taxes, analysts say, while the company was once criticized for attempting to scourge sales taxes.
It now has a reputation as a leader in collecting them.