Because Trump controls the US Postal Service, by nature of being the president.
If Mr. Trump wants the USPS to screw Amazon over, he has the power to do so. Its clear that Mr. Trump doesn't care about the long-term survivability of the USPS anyway, so he certainly has the power to "weaponize" the USPS and change its terms to become anti-Amazon.
On the contrary to your post: it is the JOB of investors to pay attention to the US President, as well as the powers he has... to keep your investments safe. Its your 401k retirement at risk here. Therefore, it behooves you to move your money to safer pastures if the President is making threats.
> If Mr. Trump wants the USPS to screw Amazon over, he has the power to do so. Its clear that Mr. Trump doesn't care about the long-term survivability of the USPS anyway, so he certainly has the power to "weaponize" the USPS and change its terms to become anti-Amazon.
No, he can't. There are laws in place to prevent the USPS from changing the price based on who is shipping. The USPS is Net Neutrality at its best.
What is preventing Mr. Trump from tearing up this contract for Amazon Sunday Deliveries?
Hint: absolutely nothing. Mr. Trump can destroy the USPS's revenue AND hurt Amazon at the same time if he so wished. I guess destroying the contract will take 30 days, but in any case, Mr. Trump can make "Sunday USPS deliveries" of Amazon goods incredibly more expensive in just one month.
Mr. Trump may need to fire a few Post Office directors, but Mr. Trump doesn't really seem to care too much about the turnover of this organization he's running.
[I am going to respond to thrillgore and dragontamer in this post because the HackerNews software won't let me respond to both posts]
> "There are laws in place" is literally dismissing anything he can do; because its clear he's gone over the law before (the travel ban), he'll do it again, and again, and again, until the law has no foundation left to stand on.
And he lost on the travel ban, twice. In fact, when you look at what he has done that are against the law, he gets smacked down. He does not win on such things.
> Hint: absolutely nothing. Mr. Trump can destroy the USPS's revenue AND hurt Amazon at the same time if he so wished. I guess destroying the contract will take 30 days, but in any case, Mr. Trump can make "Sunday USPS deliveries" of Amazon goods incredibly more expensive in just one month.
There would be complete shitstorm if he did that since USPS makes money on the Amazon contract. Trump does not rule in a vacuum and even his shills in Congress would come down on him if Amazon packages stopped being delivered. Plus, Jeff Bezos can put messages at the start of every Amazon Prime Moive/Show asking for Amazon customers to call their Congress person to complain. Little message on Amazon.com on why there is no Sunday delivery would be a shitstorm to Congress. Trump might be the President but Jeff Bezos has millions of US voters using his website every day. I also guarantee that more people like Amazon.com than Trump.
Erm, Trump doesn't seem to care about the number of shitstorms he causes.
If anything, Trump (and his base) are HAPPY when they get shitstorms. "Drain the Swamp", "Snub the coastal elites", etc. etc. If Trump wanted to prevent shitstorms, maybe his Cabinet-level officials wouldn't leave every 3 or 4 months.
Trump doesn't care about Congress or laws. He just does whatever he can do. Sure, the courts smack him down sometimes, but the power of the Executive Order means he truly can hurt Amazon (to the detriment of greater America) if he really wanted to.
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There are PLENTY of powers Mr. Trump can do. The Justice Department can investigate Amazon for antitrust. So can the FCC. Heck, the FCC just got rid of net neutrality (due to Mr. Trump's most recent appointee). Demonstrating the power over the Internet that Mr. Trump wields.
USPS is just the most obvious way (IMO) that Mr. Trump can hurt amazon. And it seems to be the one that Mr. Trump's tweets are focusing on.
> He just does whatever he can do. Sure, the courts smack him down sometimes, but the power of the Executive Order means he truly can hurt Amazon (to the detriment of greater America) if he really wanted to.
It's also worth pointing out that judicial remedies to Trump's wrongdoing are retroactive; they occur only after Trump has acted. In the meantime, before the courts get to act, real damage is done to actual people. It's a case of act now, ask questions later.
> And he lost on the travel ban, twice. In fact, when you look at what he has done that are against the law, he gets smacked down. He does not win on such things.
You mean, eventually, after God knows how many people got kicked out.
But the President can divert funding and fire the Postmaster General.
"There are laws in place" is literally dismissing anything he can do; because its clear he's gone over the law before (the travel ban), he'll do it again, and again, and again, until the law has no foundation left to stand on.
If Mr. Trump wants the USPS to screw Amazon over, he has the power to do so. Its clear that Mr. Trump doesn't care about the long-term survivability of the USPS anyway, so he certainly has the power to "weaponize" the USPS and change its terms to become anti-Amazon.
On the contrary to your post: it is the JOB of investors to pay attention to the US President, as well as the powers he has... to keep your investments safe. Its your 401k retirement at risk here. Therefore, it behooves you to move your money to safer pastures if the President is making threats.