Trump keeps bashing Amazon for its Postal Service pact — but he’s overlooking a different controversial deal that gives Chinese merchants an advantage in the U.S.

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Amazon CEO Jeff Bezos (r) speaks with Microsoft CEO Satya Nadella and President Donald Trump.

The reason might rhyme with “Beff Jezos.”

Another day, another tweet by President Donald Trump aimed at Amazon and its delivery deal with the United States Postal Service. Amazon’s stock is down 9 percent in the week since a report from Axios about Trump’s obsession with Amazon kicked off a series of tweets by the president.

But while Trump continues to harp on this relationship — with questionable claims that we’ll get to in a bit — he continues to overlook a different delivery partnership that can put U.S. merchants at a disadvantage right here in their own country: It’s called ePacket.

The program, designed to boost cross-border trade in the age of online commerce, allows merchants in countries including China to ship small, lightweight goods to the U.S. at very low rates in partnership with the U.S. Postal Service. These sellers also get other perks like delivery tracking at no extra cost.

The program has been a boon to these Chinese businesses as well as the online shopping marketplaces where they hawk their wares, like Wish, eBay and, to a lesser extent, Amazon.

But it has rankled U.S. merchants who have found themselves sometimes paying higher rates to ship items to customers right here in their own country than Chinese merchants are paying to send goods to shoppers on the other side of the globe.

So why is Trump obsessed about one delivery partnership that he says is bad for the U.S. but not the other? One could reasonably speculate it has something to do with Amazon CEO Jeff Bezos and his ownership of one of Trump’s least-favorite media outlets: The Washington Post.

So about that Amazon deal. By law, the Postal Service is not permitted to lose money on delivery deals like Amazon’s. And the regulator who oversees the USPS has determined each year that it does not.

But a separate 2017 study by Citi analysts suggested that the commission that oversees the USPS may be using an outdated method to account for costs and that fees on each Amazon delivery would need to be $ 1.41 higher in 2018 to make the USPS whole.

That one report has given Trump all he needs to pounce. What it’ll take to get him to turn his attention to the ePacket deal instead is anyone’s guess.

Update: Maybe just a tweet from his 2020 campaign manager, Brad Parscale?

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[Deal Alert] Get a Yi Dome Camera for just $40.59 ($59.40 off) from Amazon

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Yi Technology is a Xiaomi-backed Chinese company that makes various digital imaging products, including affordable but feature-filled security cameras. The Yi Dome is already good value at $ 99.99, but Amazon is offering it at an even lower price as one of its daily deals.

Right now, you can pick up the Yi Dome for just $ 40.59, which bags you a saving of $ 59.40 against the usual price. That’s not bad considering the camera has 360-degree coverage, shoots in 1080p, and offers real-time activity alerts.

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[Deal Alert] Get a Yi Dome Camera for just $ 40.59 ($ 59.40 off) from Amazon was written by the awesome team at Android Police.

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9to5Toys Last Call: 27-inch iMac Pro from $4,350, Amazon TP-Link Gold Box, Apple Watch Stand $7, more

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Keep up with the best gear and deals on the web by signing up for the 9to5Toys Newsletter. Also, be sure to check us out on: TwitterRSS FeedFacebookGoogle+ and Safari push notifications. more…


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Deals: MacRumors Exclusive Twelve South Sale Ending, Anker Discounts on Amazon, and More

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A few weeks ago MacRumors announced a partnership with accessory maker Twelve South, offering spring break travelers the chance to get five vacation-friendly items discounted by 15 percent. That sale will end tomorrow, March 30, so be sure to head over to and use the promo code MacRumorsSpringBreak on any of the items listed below before the code expires.

Customers browsing Twelve South this week should also note that the company has discounted its BookBook case for iPad and iPad Pro by $20 following the launch of the sixth-generation iPad on Tuesday. The case fits the new 2018 iPad as well as the 9.7-inch iPad Pro first released in 2016, and comes in Brown ($59.99, down from $79.99) and Rutledge ($79.99, down from $99.99).

RAVPower also has a sale ending tomorrow, this one on a pair of wireless chargers at Amazon, with savings of 20 percent hitting both the HyperAir stand and HyperAir pad. We reviewed both stands recently and came away impressed with each device, although the HyperAir stand just beat out the HyperAir pad in our charging time tests.

If you’re still on the lookout for a new charging mat for an iPhone 8, 8 Plus, or X, head over to Amazon and use promo code MACRPC69 to bring the stand down to $39.99, from $49.99, and use promo code MACRPC66 to bring the pad down to $30.59, from $39.99.

Anker typically has numerous sales on Apple-related accessories happening at Amazon, and this week the company is offering 30 percent off USB-C charging and power accessories that should make nice companions with Apple’s recent line of MacBooks. There’s also a collection of portable chargers, power strips, and iPhone cases up for sale.

Below you’ll find a list of Anker’s latest deals, including the dates they expire and the promo codes needed for each sale. Note that prices exclude shipping and handling fees, but Amazon Prime members will get the usual 2-day free shipping.

Expires April 8, use code ANKEBEST

Other Anker Sales

Head over to our full Deals Roundup for more sales information, including a free $25 e-gift card from Best Buy with the purchase of the new 9.7-inch iPad, along with the retailer’s ongoing discounts on MacBook Air, iPad mini 4, and more.

Related Roundup: Apple Deals

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Amazon turns ‘A League of Their Own’ into a TV series

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Amazon still isn't done turning classic movies into Prime Video productions. Hollywood Reporter has learned that the internet is turning the legendary baseball movie A League of Their Own into a half-hour comedy series. It's too soon to learn about t…
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President Trump accuses Amazon of scamming the USPS

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This morning, Trump once again tweeted about online retailer, alleging that it is scamming the United States Postal Service and that the agency should raise its shipping rates. He also says that The Washington Post — owned by Amazon CEO Jeff Bezos — should register as a lobbyist.

Earlier this week, Axios reported that President Donald Trump wanted to take on Amazon. The President followed up with a tweet on March 29th, saying that Amazon was taking advantage of the USPS, paying little in state and local taxes, and putting retailers out of business.

The New York Times outlined earlier this week that Amazon has collected sales taxes since April 2017. The retailer reported $ 957 million in income taxes last year. The Times also…

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Daily Deals via Ancheer: $70 off Amazon Echo Show, $128 sous vide precision cooker, and more

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iDB’s Daily Deals post is a roundup of our favorite deals on tech and tech-related products from around the web. This includes everything from smartphones, tablets and accessories, to connected devices and even video games.

Every deal you see below has been hand-picked based on a variety of factors including personal experience, online reviews from customers and experts, and discount percentage. So what are you waiting for? Get shopping!… Read the rest of this post here

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Donald Trump Is Still Going in on Jeff Bezos and Amazon, Still Getting Basic Facts Laughably Incorrect

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If you’re the kind of person who gets up in the morning wondering what kind of mischief the American President got up to on Twitter while you were sleeping, first, seek help. Also, congrats, you got a fresh batch of Rage at Amazon Dot Com again, today.

The (apparently one-sided) Trump-Bezos Feud has been going on for years, but continues to heat up as Donald Trump…continues to live in the White House.

Refresher: Axios reported the most recent rumblings of Trump’s obsession with (and resentment of) the company. Several people privy to the matter noted that POTUS was interested in going after the company wielding anti-trust laws.

But it wasn’t clear whether this was because of some of Amazon’s actual practices, or perhaps because Jeff Bezos, the Amazon CEO, also happens to own the Washington Post. And as usual, there’s no better way to gain insight into the President’s mindset (and foreign policy decisions, and White House hiring) than Twitter:

The ire that some heads of state reserve for terrorists or enemies of the state is now being allotted by Trump to Bezos and his world-dominating corporate powerhouse.

In classic Trump fashion, the facts aren’t exactly on his side. Amazon’s been paying taxes in California since 2012, and charged customers in all other states, according to the New York Times. And instead of taking advantage of the U.S. Postal Service, Amazon’s actually one of the few reasons the embattled agency is still around, the Wall Street Journal reports.

That’s not to say Amazon doesn’t have its problems. Its warehouse employees are systematically stressed and overworked. And that goes without mentioning that whole worker-tracking wristband thing. Among other things. So far, the only fallout from Trump’s Tweets is Amazon’s stock taking a dip in the past few days. It’s anyone’s guess as to whether those drops will affect the company in the long term (or if this is all Trump wants to accomplish with his bluster).

Not that it matters. Trump’s going to keep doing his thing, to whatever aim he has (or whatever has his attention-deficit-addled Eye of Sauron at any given moment). In other words: Just another Friday in 2018.

The post Donald Trump Is Still Going in on Jeff Bezos and Amazon, Still Getting Basic Facts Laughably Incorrect appeared first on Futurism.


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In just five years, Facebook, Apple, Amazon, Netflix and Google have doubled their effect on the S&P 500

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Their stock rises — and falls — are becoming a bigger deal.

Facebook, Apple, Amazon, Netflix and Google — referred to collectively as FAANG — now make up more than 11 percent of the S&P 500 index. That’s nearly double what they represented in 2013, when Facebook first became part of the index, which only lists the most valuable public companies in the U.S.

These five companies had a total market value of nearly $ 3 trillion as of the end of the first quarter of the year, which means their influence on the index has greatly increased.

That’s because, unlike the Dow Jones Industrial Average, the S&P 500 is weighted according to the value of each company. (The Dow, for reasons passing understanding, weights its 30 stocks by the price of each share.)

It stands to reason more valuable companies would carry more weight on an index of the most valuable companies, but given how quickly major Silicon Valley companies have grown, they’re now having an outsize effect on the health of the American stock market.

In other words, if Silicon Valley is having a bad run, the S&P 500 could have a bad day as well. Indexes like the S&P 500 have become even more important as big investment groups — pension funds, mutual funds and 401Ks — have made large bets on these indexes, which are seen as a modestly safe though aggressive investment. So-called “passive investment,” where investors effectively bet on an index and sit back, have also become popular, adding to the importance of the S&P 500.

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