Government

Trump Blasts Amazon Over Taxes, Jobs

  • Trump Blasts Amazon Over Taxes, Jobs

The U.S. President Donald Trump once again took his criticism to Twitter.

This time, the President criticized Amazon.com, Inc on taxes and jobs, although the accusation was without evidence, the company shares dropped 0.5 percent.

“Amazon is doing great damage to tax paying retailers. Towns, cities, and states throughout the U.S. are being hurt – many jobs being lost!” the president wrote on Twitter.

Donald Trump, who first criticized Jeff Bezos, Amazon Founder in 2016 for buying The Washington Post, once said if elected Amazon will have problems.

“I have respect for Jeff Bezos, but he bought The Washington Post to have political influence, and I gotta tell you, we have a different country than we used to have,” Trump said during a speech in Texas on Friday (see clip below). “He wants political influence so that Amazon will benefit from it. That’s not right. And believe me, if I become president, oh, do they have problems. They’re going to have such problems.”

Earlier this month, Amazon.com hosted multiple job fairs to fill its more than 50,000 job openings across the United States.

Amazon.com is yet to respond to the tweet.

Samed Olukoya

Is the CEO and Founder of Investors King Limited. He is a seasoned foreign exchange research analyst and a published author on Yahoo Finance, Business Insider, Nasdaq, Entrepreneur.com, Investorplace, and other prominent platforms. With over two decades of experience in global financial markets, Olukoya is well-recognized in the industry.

Share
Published by
Samed Olukoya

Recent Posts

Crude Prices Decline After Trump’s Reversal of Colombian Sanctions

Oil prices declined on Monday after President Donald Trump reversed the sanctions expected to be…

2 hours ago

Dollar to Naira Black Market Exchange Rate Today, 27th January 2025

As of today, Monday, 27th January 2025, the dollar to naira exchange rate in the…

5 hours ago

Market Rebounds Strongly with N794 Billion Growth, ASI Rises by 1.2%

The Nigerian capital market recovered last week as investors pocketed N794 billion amid growing global…

8 hours ago

Against all Odds, FirstBank Eyes Another Decade of Growth

In the first nine months of last year, the earnings per share (EPS) of FBNHoldings…

9 hours ago

Zenith Bank Surpasses Expectations, Raises N350.4 Billion in Landmark Hybrid Offer

Zenith Bank Plc has raised a total of N350.4 billion through its recently concluded hybrid…

9 hours ago

Tier-One Banks Surpass Capital Targets, Smaller Lenders Struggle With IPO Costs

With the March 2026 recapitalisation deadline approaching, Nigeria’s banking sector is experiencing a marked divide…

10 hours ago