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Trump wanted to double postal rates for Amazon, others, says report

Amazon relies on the Postal Service for the so-called last mile (delivery from warehouses to customers' homes) on as many as 40 percent of all US orders, according to estimates

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US President Donald Trump gestures while addressing a joint news conference with Nigeria's President Muhammadu Buhari in the Rose Garden of the White House in Washington, US | Photo: Reuters

Spencer Soper & Devin Leonard | Bloomberg
President Donald Trump pushed US Postal Service officials to double package delivery rates paid by Amazon.com Inc. and other companies, the Washington Post reported, highlighting that his beef with the e-commerce giant and founder Jeff Bezos goes beyond tweets.
 
Trump pressured US Postmaster General Megan Brennan to raise Amazon’s rates, which Brennan resisted by explaining that the agency was bound by contract and any changes would have to be approved by a regulatory commission, the newspaper said, citing unidentified people familiar with their conversations.
 
Amazon shares slipped 0.3 per cent to $1,576.65 in afternoon trading in New York.