Trump targets Amazon in call for postal service to hike prices

[December 29, 2017]  WASHINGTON (Reuters) - U.S. President Donald Trump on Friday targeted online retailer Amazon<AMZN.O> in a call for the country's postal service to raise prices of shipments in order to recoup costs.

"Why is the United States Post Office, which is losing many billions of dollars a year, while charging Amazon and others so little to deliver their packages, making Amazon richer and the Post Office dumber and poorer? Should be charging MUCH MORE!" Trump wrote in a post on Twitter.

(Reporting by Makini Brice; Editing by Frances Kerry)

[© 2017 Thomson Reuters. All rights reserved.]

Copyright 2017 Reuters. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.