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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
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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 Amazon.com 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.