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Trump Says ‘Joke’ Postal Service Should Boost Rates for Amazon

  • Coronavirus expected to increase USPS net operating loss
  • Trump says postal service doesn’t want to ‘insult’ companies
Bloomberg business news
Trump Says U.S. Postal Service Is 'a Joke' and Should Raise Rates
Updated on

President Donald Trump said the U.S. Postal Service is “a joke” and should quadruple the rate it charges major companies to ship a package, but is too frightened of Inc. to do so.

Speaking in the Oval Office Friday as he signed the latest coronavirus aid bill, Trump launched into a critique of the national mail carrier and hinted he’d block any aid if the service doesn’t set higher rates.