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Key insight:
As the U.S. Postal Service (USPS) continues to struggle with what postmaster general Louis DeJoy described as “a financially unsustainable position absent significant fundamental change,” President Donald Trump is again singling out ecommerce giant Amazon as the root cause.
According to CNBC, Trump said the USPS is losing $3 to $4 on average per package delivered for online retailers and should raise prices to curb its losses.
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