Trump Holds U.S. Postal Service Hostage to Get Revenge on Jeff Bezos

  • On Friday, Donald Trump said he wouldn’t give the U.S. Postal Service a $10 billion loan if they didn’t raise prices on Amazon.
  • Shortly after, he tweeted that he wouldn’t let the Post Office fail.
  • Trump has done nothing to help the USPS, and now he’s just using them to punish his enemy, Jeff Bezos.

Donald Trump is ramping up his vendetta campaign against Jeff Bezos. The former reality TV star is a dangling $10 billion loan above the struggling U.S. Postal Service.

It’s theirs if they just do what Trump wants: raise their prices on Amazon.

Trump Is Just Teasing the U.S. Postal Service

Trump recently signed a law that would allow the struggling institution to borrow $10 billion from the Treasury Department. On Friday, he clarified some of the stipulations of the loan, saying, “if they don’t raise the price, I’m not signing anything.”

Trump continued,

The Postal Service is a joke because they’re handing out packages for Amazon and other internet companies and every time they bring a package, they lose money on it.

The problem is that even if Trump got his vengeance against Jeff Bezos & Amazon and the USPS did raise prices, it might not solve the problem. If they raised rates too high, Amazon could ditch them altogether.

Source: Twitter

This would leave the U.S. Postal Service in an even more dire financial predicament. Not only that, but the service would likely become more expensive for consumers.

Former Army Secretary John McHugh, chairman of the Package Coalition advocacy group, said in a statement:

Now, when Americans need affordable and reliable package delivery service more than ever, Congress must fight to guarantee emergency relief for the Postal Service and stop this package tax.

The Main Priority Is Not to Help the USPS; It’s to Hurt Jeff Bezos

Trump is not a fan of Jeff Bezos. He’s been trying to get the USPS to raise their prices on Amazon for years.

Trump was pushing his anti-Amazon agenda in 2017. | Source: Twitter

In February,…

Source Link

Advertisements