Amazon stocks drop as President Trump slams online retailer

Amazon stocks drop as President Trump slams online retailer:

AMAZON shares have fallen after US President Donald Trump again attacked the online retailer, while the Dow Jones has taken a tumble in response to the US-China trade war.

AMAZON shares fell 4 per cent on Monday after US President Donald Trump again attacked the online retailer over the pricing of its deliveries through the United States Postal Service and promised unspecified changes.

“Only fools, or worse, are saying that our money losing Post Office makes money with Amazon,” Trump tweeted.

“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!”

H/t reader kevin a.

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