Transcript for Tension grows between Trump and Amazon

The growing clutch between president trump and Amazon the president escalating that flight today here's ABC's Kenneth moat. Tonight the most powerful man in the country taking on one of the most powerful companies tech titan Amazon. President trump tweeting the US post office will lose a dollar PP on average for each package a delivers for Amazon. That amounts to billions of dollars Jeff. All right I will be sort trump also taking aim at Amazon's billionaire founder Jeff base those who owns the Washington Post. The paper's coverage have the times Ingrid the president. Trump falsely labeled oppose the lobbyist for the all lined retold giant it's just so register. Trump adding this post office -- of stopped Amazon must pay real cost in taxes mail. The owner of the Washington Post you know what he ounce. I sat. You know how they attacked seven is on so he uses the Washington Post to protect that was up from taxes. Amazon paid 900 PP seven million dollars in US taxes last year its revenue nearly 178. Billion. As for Trump's claim that the post office loses billions for Amazon deliveries this true that the online retailer qualify for special Pope read. Because these ships millions of packages but the import the business hopes the struggling post office. In the meantime you department's dogs are all going out of it is because it's unfair competition. Since the campaign trump is accused Amazon of hurting small businesses. A record breaking 6700. Stores close in the US last year alone. More than 66 spells are retold jobs were lost but Amazon has added more than 245000. Jobs worldwide. Amazon's founder have the responded directly to the president's recent attacks this week the company lost more than thirty billion dollars in stock value. After reports surfaced that the president was considering taking on Amazon it belts back but all eyes will be on the markets Monday after the president's tweets Tom. Kendall press can I think you.

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