Trump’s Jacked-Up USPS Rates Could Cost Amazon $1.3B More on $13.3B In U.S. Shipping Costs

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Trump’s Jacked-Up USPS Rates Could Cost Amazon $1.3B More on $13.3B In U.S. Shipping Costs

If President Trump gets his way, Amazon will soon be paying more to ship parcels. $1.3 billion more, to be exact. That amount that would reduce the company’s profits by 1.4%.

“Why is the United States Post Office, which is losing many billions of dollars a year, while charging Amazon and others so little to deliver their packages, making Amazon richer and the Post Office dumber and poorer?” Trump tweeted in December last year. “Should be charging MUCH MORE!”

Get the full story in my post at Forbes …


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