President Donald Trump is renewing his attacks on e-commerce giant Amazon, and he says the company is "doing great damage to tax paying retailers". "Towns, cities and states throughout the US are being hurt - many jobs being lost!", Trump said in the tweet. Without these arrangements, Trump argued, Amazon's stock would "crumble like a paper bag".
Many traditional retailers are closing stores and blaming Amazon for a shift to buying goods online.
The president often praises companies that are in the midst of hiring sprees, aiming to take credit for the added jobs.
Mr. Trump and Amazon CEO Jeff Bezos have a long-standing feud, with the president previously airing complaints about the retailer's taxes and taking pot shots at The Washington Post, which Bezos has owned since 2013. In January, the White House claimed Mr. Trump "was pleased to play role" in Amazon's decision to hire 100,000 workers. The president has denounced the Post as Bezos's "toy" and accused the businessman of using the newspaper to push his political agenda.
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The company reported ($0.47) earnings per share for the quarter, missing analysts' consensus estimates of ($0.26) by $0.21. The company had revenue of $238.10 million during the quarter, compared to the consensus estimate of $235.78 million.
"In June, Trump complained that "#AmazonWashingtonPost" doesn't pay "Internet taxes".
In another tweet, Trump congratulated Roy Moore, a former state Supreme Court justice, and Senator Luther Strange, who was appointed earlier this year, advanced on Tuesday in the Republican primary for the Senate seat in Alabama vacated by Jeff Sessions.
Amazon does offer a state sales tax collection feature to "third-party" sellers, according to The Wall Street Journal.
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