Renews false Amazon Post Office attacks, erasing tens of billions in market value

Trump tweeted that "Only fools, or worse" believe the Postal Service makes money on Amazon deliveries, claiming "THEY LOSE A FORTUNE, and this will be changed" — his third attack on the company in five days, followed by an April 3 press-conference claim that taxpayers subsidize below-cost Amazon deliveries. PolitiFact rated the tweet False: package delivery was among USPS's few growth areas, federal law required parcel rates to cover costs, and the Postal Regulatory Commission had days earlier reaffirmed the Amazon contract was profitable. FactCheck.org rated the taxpayer-subsidy claim False and noted the attacks targeted Amazon alongside founder Jeff Bezos's Washington Post, whose coverage Trump resented. Amazon shares fell roughly 5 percent on April 2, an episode widely cited as a president using false claims and threats of government action against a private company over unfavorable press coverage.

"Only fools, or worse, are saying that our money losing Post Office makes money with Amazon. THEY LOSE A FORTUNE, and this will be changed." Quote verified against source