No post office aid without Amazon price increase - Trump [Seeking Alpha]
Amazon.com, Inc. (AMZN)
Last amazon.com, inc. earnings: 4/30 04:01 pm
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TechNo post office aid without Amazon price increase - TrumpApr. 24, 2020 3:55 PM ET|Amazon.com, Inc. (AMZN)Brandy BetzDuring a press briefing in the Oval Office, President Donald Trump said he would block federal aid for the U.S. Postal Service unless it raises shipping rates for Amazon (NASDAQ:Key quote: "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 Post Office should raise the price of a package by approximately four times."The Postal Service says it might not make it past September without help, and Congress has authorized an up to $10B loan from the Treasury Department.Treasury Secretary Steven Mnuchin says his team is meeting with post office officials but that "certain criteria for a postal reform program " would be part of any loan.Trump has been calling for the Postal Service to raise shipment prices sinceDecember 2017Click to subscribe to real-time
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AMZN
Earnings
- 10/30/25 - Beat
AMZN
Sec Filings
- 12/3/25 - Form 4
- 11/25/25 - Form 4
- 11/25/25 - Form 4
- AMZN's page on the SEC website