American public Donald Trump's private
conversation became public because of the world's largest e-commerce company
Amazon. Within a few minutes the market's market value decreased by about
45 billion dollars (2.90 lakh crore). According to reports, Trump said
that Amazon is harming small business from its business, which has made 'tax
treatment' necessary against it.
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Taxes can be trump
According to a report from CNBC, Trump is discussing
Amazon's tax treatment with many of his friends these days. Trump said,
'Amazon is harming small businessmen. Because of this, shopping malls and
retailers are facing huge losses. "
6 percent
broken amazon stock
After this news, Amazon's share of the US market fell by
nearly 6 percent, to $ 1,391, with its market capitalization of $ 45 billion
decreased. However, after some recovery was recorded in the stock. At
the same time, the fall in stocks also affected Amazon's founder Jeff Bezos's
personal wealth. According to Forbes Real Time Billionaire Index, his
personal wealth decreased by $ 3.5 billion (Rs 23 thousand crore).
Trump has already
given shock
Trump has already jumped the world's richest man Jeff
Bezos's company. He said a few months ago, "e-commerce company is
harming the retail industry and the cause of job loss in the US is going
on." Trump has been attacking Jeff Bezos-owned media company 'Amazon
Washington Post'.
Trump Treasury Secretary Steven Mühussin had indicated in
July last year that the government can take a decision on Amazon's tax
collection policy soon. Mewcine had said in February this year that the US
government should consider setting up of sales tax on Internet
e-commerce. Although, despite rhetoric, no strict decision has been taken
against Amazon.
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