President Donald Trump wants to tax Amazon more

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Donald Trump does not like Amazon and already several times in the past he attacked the group and its CEO, Jeff Bezos, arguing that if he won the election he would have proposed much more restrictive laws. Now, Axios, the online newspaper, writes that the American President would be ready to go against Amazon asking for more taxes. According to the sources of this US political online paper, Trump is «obsessed» by Amazon and he wants to change the tax treatment because several of his friends told him that their businesses were destroyed by the online retail giant. 

Amazon has destroyed the malls and stores, continues Axios, citing Trump's conversations. Several times on Twitter the US President attacked Amazon claiming that it had hit the retail industry causing job losses. 
The common stock unit, which faces the worst month since 2016, widens the losses, and it enters the correction territory. In fact, the shares of the e-commerce colossus lose 10.9% compared to the closing record set on March 12th at 1,598.39 per share. A closure below 1,438.55 dollars would be the first correction since October 2017. 


Sources:La Stampa. Translated and summarized by Giuseppe Loporchio

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