Donald Trump is quite a mess on Twitter. We’re not saying this, the world is. Ever since he became President of the United States on the same day (November 8, 2016) as India had its own Satanic event in the form of demonetization his irresponsible tweets have left the world fuming. In his latest Twitter saga, Trump is seen going after Amazon. The President tweeted that Amazon was “doing great damage to tax paying retailers”. In response, Amazon’s stock tumbled, and the Seattle-based giant lost $6 billion of its market cap in a day, according to reports. Also Read - Your Facebook, Twitter, Instagram account can get deleted if you do thisAlso Read - Twitter will now sell a ticket for you to join Spaces, aims to help creators earn money
Amazon’s stock lost 1.2 percent within two hours of Trump’s tweet. While that might seem small a figure, for a company which is worth over $460 billion, even the slightest of market fluctuations can erode much value. Also Read - You can now share tweets as Instagram Stories: Here's how to do so with these simple steps
Amazon is doing great damage to tax paying retailers. Towns, cities and states throughout the U.S. are being hurt – many jobs being lost!
Donald J. Trump (@realDonaldTrump) August 16, 2017
Trump’s savage tweet is being seen as a response to a critical editorial headlined ‘The Nation Can Only Weep’ in The Washington Post a leading American newspaper owned by Amazon CEO Jeff Bezos. It trashed Trump for failing to “heal” the nation in the wake of violent protests in Charlottesville, an event dominating public consciousness in America right now. “That car in Charlottesville did not kill or wound just the 20 bodies it struck. It damaged the nation. Mr. Trump not only failed to help the country heal; he made the wound wider and deeper,” the editorial said. ALSO READ: Satya Nadella, Tim Cook, Mark Zuckerberg slam Charlottesville violence
However, this is not the first time that Amazon has invited Trump’s ire. Some months ago, he threatened Amazon with an “internet tax”. It was a result of the Post‘s critical coverage of his Presidency.
The #AmazonWashingtonPost, sometimes referred to as the guardian of Amazon not paying internet taxes (which they should) is FAKE NEWS!
Donald J. Trump (@realDonaldTrump) June 28, 2017
Amazon started gaining Trump’s hate since late 2015 for the Post‘s aggressive coverage of his Presidential campaign. And this, despite the fact that the Post (which was acquired by Jeff Bezos in mid-2013) operates as a separate business entity. Interestingly, while Trump continues to spew venom, Bezos is being credited with the 140-year-old newspaper’s “reinvention”. The Post has revamped its website and mobile apps. It has also created a software called Arc that provides better analytics and marketing features to the newspaper. As a result, its readership has exploded, especially on digital. Since Trump took over as President, the Post‘s daily page views have reportedly surged, clocking 1 billion in May.