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.

Sign up for the Morning Scoop

and wake up with us each day.

CMN Reports

Business11 hours ago

Microsoft Co-Founder and Seattle Area Sports Owner Paul Allen Dead at 65 From Cancer

The technology giant passed away after his cancer returned.

by , The Catholic American University
In the Hot Seat1 day ago

Judge Tosses Stormy Daniels Defamation Lawsuit Against Donald Trump

This dismissal may not be the end, according to Daniels' attorney.

by , CMN Senior Correspondent
2018 Midterms1 week ago

Bernie Sanders Literally Saved Someone from a Possible Car Accident in Washington, D.C.

Bernie Sanders helps a young musician and law student from a possible car accident.

by , The Catholic American University
Government2 weeks ago

Analysis: the Ford-Kavanaugh Hearing

The Ford-Kavanaugh hearing was in full force with a tearful testimony from both parties.

by , Mercy College
Free Speech2 weeks ago

Amy Schumer and Emily Ratajkowski Amongst Many Arrested at Capitol Hill ‘No Kavanaugh’ Protest

The final vote on Kavanaugh could come as early as this weekend, and these women are not backing down.

by , CMN Senior Correspondent
National News2 weeks ago

Confusion At Skatepark Leads to Arrests

Distrust with Law Enforcement creates a worse situation

by , Fisher College
Academics2 weeks ago

The Catholic University of America Suspends a Dean Over a Tweet

The university's administration suspended a dean that tweeted out a controversial comment about one Kavanaugh's alleged accusers.

by , The Catholic American University
National News3 weeks ago

FBI Reports Body of Missing Six Year Old Boy With Autism has Been Found

Maddox was last seen at Rankin Lake Park on Saturday with his father.

by , CMN Senior Correspondent

Top Reads