Trump is going after Amazon for the wrong issue: It's China, not taxes
Publishing timestamp: 2018-03-29 15:32:44
Summary
Trump is targeting Amazon over tax treatment, but the real issue is the massive business Amazon gets from China. Chinese sellers have an advantage in sending packages to the U.S. due to subsidies and programs. U.S. sellers on Amazon are struggling with counterfeit goods from China. Trump has not addressed this issue in his trade actions against China.
Sentiment: MIXED
Tickers: AMZN,
Keywords: amazon.com inc, business news, technology, china, donald trump, mobile, social media,
Source: https://www.cnbc.com/2018/03/29/trump-should-look-at-amazon-and-china-not-taxes.html