Trump: Postal Service must raise prices on Amazon or ‘I’m not signing anything’ for USPS federal aid

Photo illustration by GeekWire. (Not an actual USPS employee). President Donald Trump told reporters on Friday he wouldn’t authorize coronavirus relief funds to the U.S. Postal Service unless it raises prices for Amazon and other online merchants. Trump said that USPS should be charging Amazon “four or five times” more than current package delivery rates at a signing ceremony for a $484 billion coronavirus relief bill. That’s on top of the $2 trillion stimulus bill Congress passed earlier this month. Lawmakers authorized the Treasury Department to lend up to $10 billion to the Postal Service, which is struggling to stay afloat during the pandemic. “The Postal Service is a joke,” Trump said. “Because they’re handing out packages for Amazon and other internet companies and every time they bring a package, they lose money on it.” Treasury Secretary Steve Mnuchin said that the Postal Service must undergo reforms as part […]

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