President Trump, Having Denounced Amazon’s Shipping Deal, Orders Review of Postal Service

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President Trump abruptly issued an executive order demanding an evaluation of the Postal Service’s finances, asserting the power of his office weeks after accusing Amazon, the online retail giant, of not paying its fair share in postage. In the executive order, issued just before 9 p.m., President Trump created a task force to examine the service’s “unsustainable financial path” and directed the new panel to “conduct a thorough evaluation of the operations and finances of the USPS” The president does not mention Amazon in the order, but it is clear that he intends for the panel to substantiate his repeated claim that the financial arrangement between the Postal Service and Amazon, its biggest shipper of packages, is a money loser. Postal Service experts and even Trump’s own advisers have privately urged him to back off the accusations, noting that the huge number of packages shipped by Amazon is actually helping to keep the Postal Service financially solvent. While the service has consistently reported net losses for a decade, much of its financial woes are the result of a prolonged decline in the volume of marketing mail and first-class mail. The service makes money on packages, and Amazon is the service’s biggest single shipper of packages. Trump’s repeated attacks on Amazon have focused in part on the company’s billionaire owner, Jeff Bezos, who also owns The Washington Post. 


President Trump, Having Denounced Amazon’s Shipping Deal, Orders Review of Postal Service