Trump Taking 'Serious Look' at Policy Options on Amazon

Advertisement
By Reuters | Updated: 6 April 2018 15:19 IST

US President Donald Trump said on Thursday he would take a serious look at policies to address what he says are the unfair business advantages of online retailer Amazon.com.

Speaking to reporters while travelling back to Washington from West Virginia on Air Force One, he accused Amazon of not operating on a level playing field and not paying enough sales tax.

Asked if he wanted to make policy changes related to the company, Trump said: "We're going to take a very serious look at that."

Advertisement

The "sales tax situation" was going to be looked at soon by the Supreme Court, he added.

Advertisement

In the case to be argued on April 17, South Dakota is asking the nine justices to overturn a 1992 Supreme Court ruling that only companies with a physical presence in a state are required to collect the state's sales tax on purchases. The Justice Department filed a brief in support of South Dakota, which lost in lower courts.

Amazon is not involved in the case but the eventual ruling could have consequences for it and other e-commerce businesses. Amazon has already agreed to collect sales taxes in all 45 states that impose them on items it sells directly.

Advertisement

South Dakota argues that brick-and-mortar retailers suffer because they have to collect the taxes and therefore have a pricing disadvantage.

Trump's comments on Thursday followed a tweet earlier in the day calling the Washington Post the "chief lobbyist" for Amazon. His lobbying allegations repeated a previous unsubstantiated attack on the newspaper, while White House officials in recent days have said no policy changes related to Amazon were currently planned.

Advertisement

The Washington Post is privately owned by Jeff Bezos, the founder and chief executive officer of the online retailer. Amazon does not own the Post.

Trump regularly lashes out against what he perceives as critical articles in the Post as well as the New York Times and CNN. On Thursday, he took issue with a headline in the Post on China retaliating with trade penalties against US products.

"The Fake News Washington Post, Amazon's 'chief lobbyist,' has another (of many) phoney headlines," Trump said on Twitter.

Amazon and the Washington Post did not immediately respond to requests for a comment after the tweet.

Last weekend Trump called the Washington Post a lobbyist for Amazon in a tweet. Martin Baron, the Washington Post's executive editor, rejected the accusation.

"There isn't anybody here who is paid by Amazon," Baron told the New York Times in a report published on Tuesday. "Not one penny."

Amazon shares closed up 2.9 percent on Thursday, but dipped slightly after the market close following the latest Trump comments. Before Thursday's trading, the stock had dropped 4 percent since news website Axios reported last week that Trump was obsessed with Amazon and wanted to curb its power, possibly with anti-trust action.

Trump followed that report by repeatedly attacking Amazon's use of the United States Postal Service, claiming it is losing money delivering Amazon packages, without presenting any evidence to back up his assertion. He repeated the claim, "The Post Office is not doing well with Amazon," in his comments on Thursday.

© Thomson Reuters 2018

 

Get your daily dose of tech news, reviews, and insights, in under 80 characters on Gadgets 360 Turbo. Connect with fellow tech lovers on our Forum. Follow us on X, Facebook, WhatsApp, Threads and Google News for instant updates. Catch all the action on our YouTube channel.

Advertisement

Related Stories

Popular Mobile Brands
  1. Ray-Ban Meta Gen 2 Glassses Are Now Available in India
  2. Vivo X300 Launched in India With MediaTek Dimensity 9500 SoC at This Price
  3. Poco C85 5G Teased to Launch in India Soon With These Features
  4. Vivo X300 Pro Review: Flagship Mobile Photography. Redefined.
  5. Redmi 15C 5G Camera Details Confirmed a Day Ahead of Launch in India
  6. Redmi 15C 5G India Launch Today: Everything You Need to Know
  7. Here's How Much the Samsung Galaxy Z TriFold May Cost in India
  8. Red Dead Redemption Comes to Android and iOS via Netflix Games
  9. HMD XploraOne Teased to Launch Soon as Kid-Friendly Phone; Features Leaked
  1. iPhone 16 Price Drops Under Rs. 63,000 on Croma With Bank Discounts: Specifications, Features
  2. Samsung Galaxy Z TriFold Pricing Revealed; Here's How Much It Might Cost in India and Other Markets
  3. YouTube Recap 2025 Rolled Out With Personalised Cards, Video Viewing Insights
  4. Apple to Reportedly Resist Government’s Directive to Preload Sanchar Saathi App: 5 Things to Know
  5. Red Dead Redemption and Undead Nightmare DLC Now Available on Android and iOS
  6. Redmi 15C 5G Launching Today: Know Price in India, Features and Specifications
  7. Gemini App to Get a Major Design Upgrade, Could Soon Be Launched on macOS
  8. NASA’s Perseverance Records First-Ever Mini-Lightning on Mars
  9. Germany to Send First European Astronaut Around the Moon on Artemis Mission
  10. Indian Team Finds 53 Massive Quasars Blasting Jets Millions of Light-Years Long
Gadgets 360 is available in
Download Our Apps
Available in Hindi
© Copyright Red Pixels Ventures Limited 2025. All rights reserved.