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Trump: Amazon Does 'Great Damage' to Retailers

President Donald Trump on Wednesday, in one case again, took aim at Amazon.

In a tweet, the president said "Amazon is doing bang-up damage to tax paying retailers. Towns, cities and states throughout the U.S. are existence hurt - many jobs being lost!" He did not give whatever farther explanation.

This isn't the outset time Trump has targeted the online retail giant, whose CEO Jeff Bezos owns the Washington Post, which the president has called "a big tax shelter" for Amazon.

Amazon did non immediately respond to PCMag's request for annotate.

Despite Trump's claims, Amazon says it collects country sales taxes in 45 US states and Washington, D.C. On the topic of jobs, Amazon is 1 of the state'due south biggest employers with 180,000 United states employees every bit of last twelvemonth, up from 30,000 people in 2022.

Amazon in January pledged to create more than 100,000 new jobs beyond the United states of america by mid-2018. The positions volition be full time with benefits like health insurance, disability insurance, retirement savings plans, and company stock. When it'southward all said and done, that initiative will grow Amazon's Usa-based workforce to more than 280,000.

'Thank You, All!'

Meanwhile, Trump besides today tweeted that he'southward ending two of his CEO councils. "Rather than putting pressure on the businesspeople of the Manufacturing Council & Strategy & Policy Forum, I am catastrophe both. Thank you all!" Trump tweeted today.

That, all the same, came after reports that CEOs on his Strategic and Policy Forum had gathered on a call earlier today and decided to "carelessness the grouping altogether" in response to Trump'south inflammatory Tuesday statements on white supremacists, the New York Times reports. The council previously included Elon Musk and Travis Kalanick, both of whom quit earlier this year over climate modify and the travel ban, respectively.

Intel CEO Brian Krzanich exited the Manufacturing Quango this week, also over Trump's response to Charlottesville. The CEOs of Merck and Under Armour did the aforementioned.

Just yesterday, Trump tweeted that "For every CEO that drops out of the Manufacturing Council, I accept many to take their identify."

About Angela Moscaritolo

Source: https://sea.pcmag.com/news/17037/trump-amazon-does-great-damage-to-retailers

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