Connect with us

Business

Trump vs. Bezos: The President Wants War

Leave the “delivering smiles” thing to Amazon, not Trump.

Caitlyn Morral

Published

on

President Donald Trump is infamous for taking to Twitter to make statements or express his feelings toward certain figureheads. Lately, he’s out to get Amazon and its founder, Jeff Bezos.

In a series of tweets on April 2nd, Trump began his rant against Bezos by saying, “Only fools, or worse, are saying that our money losing Post Office makes money with Amazon. THEY LOSE A FORTUNE, and this will be changed. Also, our fully tax paying retailers are closing stores all over the country…not a level playing field!”

Trump followed this tweet with another this morning, posting:

According to an article by Vanity Fair, Amazon’s stock has dropped by at least five percent now after these tweets were published. Bezos, who also serves as the CEO of Amazon, has suffered a decrease in his own net worth, too. An article published by Time confirms that Bezos net worth has dropped from $130 billion to $114 billion in just one week after the tweets were published.

Part of this backlash toward Amazon on Trump’s end could be due in part to the fact that, besides owning Amazon, Bezos also owns The Washington Times. Trump has been known to ridicule The Washington Times and is not in favor of it.

Nothing more has been said on Twitter, but it’s clear that Trump isn’t quite finished with Amazon or Bezos.

Are you looking for social media training and experience? Join CMN’s Social Media for Journalism Course and get real-time experience, intense feedback on your writing, exposure to journalism influencers and mentors, and a great place to display your work. You can get academic credit too. Check out the Social Media Course here.

Catilyn is a student at St. Bonaventure University in New York. She's a writer and Digital Producer for CMN.

CMN Reports

Equality2 weeks ago

Colorado Bans Conversion Therapy for LGBTQ Youth

The Centennial State moves forward in progress for the queer community.

by , The Catholic American University
Government2 weeks ago

Illinois Legalizes Recreational Marijuana

The Prairie State advances towards cannabis legalization.

by , The Catholic American University
Government3 weeks ago

New Hampshire Becomes the 21st State to Abolish Capital Punishment

The Granite State makes a huge step towards criminal justice reform.

by , The Catholic American University
Equality3 weeks ago

Maine Bans LGBTQIA+ Conversion Therapy for Minors

The Pine Tree State further progresses in queer rights.

by , The Catholic American University
Election 20204 weeks ago

Elijah Manley: The Youngest Person to Ever Run for U.S. President

Meet the youngest person ever to run for U.S. president.

by , The Catholic American University
Government4 weeks ago

Poll: More than 40% of Americans Embrace Socialism

Socialism is gradually on the rise.

by , The Catholic American University
Government1 month ago

Washington Becomes First State to Have a Public Insurance Option

The Evergreen State is going to compete in the healthcare insurance market.

by , The Catholic American University
Free Speech1 month ago

Serious Controversies Ensew Turning Point USA at University of Nevada, Las Vegas

Controversies ranging from racism to assault plague UNLV.

by , The Catholic American University

Most Read From CMN Writers