Trump criticizes Amazon: 'doing great damage to retailers'

Amazon shares drop after Trump tweet

Trump criticizes Amazon: 'doing great damage to retailers'

President Donald Trump lambasted Amazon on Twitter early Wednesday morning, accusing the e-commerce juggernaut of causing job losses throughout the US and doing "great damage" to retailers.

Trump tweets that "towns, cities and states throughout the USA are being hurt - many jobs being lost!" The beef between the two goes back to before Trump was elected. The bricks-and-mortar retailing industry is struggling with lower sales and store closings as shoppers migrate to online rivals, including Amazon (AMZN). But the company has been hiring thousands of warehouse workers on the spot at job fairs across the country. In January, the White House claimed Mr. Trump "was pleased to play role" in Amazon's decision to hire 100,000 workers.

Trump tweeted: "Amazon is doing great damage to tax paying retailers".

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Trump's tirade against Amazon, Bezos and the Washington Post ticked up this summer, when Trump tweeted about the three seven times in six weeks. Bezos has denied interfering with the newspaper's coverage. In June, Mr Trump tweeted: "AmazonWashingtonPost, sometimes referred to as the guardian of Amazon not paying 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 has been battling a number of politicians from both the US and Europe about its stance on tax. In the U.S., Amazon previously fought to only collect sales taxes for purchases in states where it doesn't have a physical presence.

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