US President Trump claimed on Twitter on Wednesday that “Amazon is doing great damage to tax paying retailers.”
“Towns, cities and states throughout the U.S. are being hurt – many jobs being lost!,” the president continued.
Amazon stock fell around 0.5% following the president’s tweet.
Amazon has been a frequent target of the president’s tweets in the past. “Is Fake News Washington Post being used as a lobbyist weapon against Congress to keep Politicians from looking into Amazon no-tax monopoly?,” President Trump tweeted in July.
And in 2015 Trump tweeted that “If @amazon ever had to pay fair taxes, its stock would crash and it would crumble like a paper bag.”
CNN presenter Brian Stelter theorised that Trump’s most recent attack on Amazon could be related to a headline in The Washington Post, which is owned by Amazon CEO Jeff Bezos.
Trump previously linked Amazon with The Washington Post and claimed that the newspaper lobbies for Amazon.
“Mr. Trump gives comfort to racists” is the headline on the top editorial in today’s @WashingtonPost, owned by Amazon CEO Jeff Bezos https://t.co/onjNmW6LwW
— Brian Stelter (@brianstelter) August 16, 2017