Amazon.com Inc’s 20 percent hike in the cost of Prime membership should deliver more than $1 billion in extra revenue this year and cover any “rational” hike in United States Postal Service delivery fees, Wall Street analysts said on Friday. President Donald Trump has been laying into the Seattle-based online shopping...
While President Donald Trump blames Amazon.com Inc. for the woes of the U.S. Postal Service, there is a very real problem with delivering shipments from China, U.S. manufacturers say. The U.S. Postal Service currently collects below-cost payments, called terminal dues, to deliver small packages under 4.4 lbs. from international shippers. These payments, set...
President Trump is angry at Amazon for, in his tweeted words, “costing the United States Post Office massive amounts of money for being their Delivery Boy.” Yet in more recent days, Mr. Trump has at least channeled his feelings in what could prove a constructive direction, by ordering a task force to spend 120...
By the authority vested in me as President by the Constitution and the laws of the United States of America, I hereby order the following: Section 1. Policy. (a) The United States Postal Service (USPS) accounts for almost half of global mail volume and is regularly cited as the Federal agency with the highest...
Following President Donald Trump's attacks on Amazon in recent weeks and his promise to impose tariffs on goods from China, Senator Bill Cassidy introduced legislation on Tuesday that could make it harder for Chinese manufacturers to compete on U.S. marketplaces. Cassidy, a Republican from Louisiana, proposed the Ending Needless Delivery Subsidies (ENDS) Act, which would force the...