If you’re looking for a good stock to buy today, have we got a deal for you! Amazon is down 4% Wednesday because, well, ¯\_(ツ)_/¯.
Axios reported that President Trump wants to “go after” Amazon with antitrust enforcement or by changing tax rules.
“He’s obsessed with Amazon,” a source told Axios.
Investors shouldn’t be surprised that Trump is reportedly grumbling about Amazon again. It’s no secret that Trump hates Amazon (). He has repeatedly told the world on Twitter how much he dislikes the company.
In August, he tweeted: “Amazon is doing great damage to tax paying retailers. Towns, cities and states throughout the U.S. are being hurt – many jobs being lost!”
Trump also tweeted about Amazon hurting the US Post Office.
antitrust enforcement： 反垄断执行
be obsessed with: 为……而着迷 （这里是打趣的说法）
So why is Amazon’s stock down?
Tech investors have been on edge about increased regulation after Facebook said a third-party personality quiz harvested 50 million people’s profiles, and political consulting company Cambridge Analytica used personal data to sway the 2016 presidential election.
on edge：紧张、焦虑 （地道的英文用法，可以用在写作中，表示政府、人民、科学家等等担心某事）
increased regulation： 加强监管
Trump wants Amazon to pay more tax, because he’s concerned about small retailers going out of business, according to Axios. His friends have told him Amazon is hurting their businesses and malls and brick-and-mortar retailers, and Trump has asked them if there’s a way to retaliate with tax or antitrust laws, Axios said.