- Trump reportedly wants Amazon to pay more in shipping costs to the USPS, particularly in the form of an internet sales tax, which is already being considered by the US legal system.
- However, there are four factors that can potentially mitigate the effects of a price hike on Amazon, writes a Morgan Stanley analyst.
Amazon could come away unscathed from President Donald Trump’s threats to raise shipping prices and taxes on the company.
Trump has accused the online retail of “costing the United States Post Office massive amounts of money for being their Delivery Boy,” and doing “great damage to tax paying retailers.” And while while the attacks have been going on for months, they’ve escalated in the past week.
However, Trump’s threats could soon could come closer to reality as there’s a case in the Supreme Court and two bills on the table in Congress, which could cause e-commerce companies to pay a uniform sales tax instead of only paying taxes…