Fox News' Shep Smith Blasts Trump for Depressing the Stock Market with Blatant Amazon Lies
Fox News Channel host Shep Smith on Monday nailed President Donald Trump's lying tweets attacking Amazon for depressing the stock market.
“Only fools, or worse, are saying that our money losing Post Office makes money with Amazon,” the president tweeted, continuing his rant against the e-commerce giant. “THEY LOSE A FORTUNE, and this will be changed. Also, our fully tax paying retailers are closing stores all over the country…not a level playing field!”
“Today [Trump] again tweeted that the post office is losing money on Amazon,” the host mused, before fact-checking the president. “That is not true — the post office reports it’s making money on Amazon.”
“And the president again asserting that Amazon does not pay sales taxes,” Smith continued. “That, too, is false.”
Nevertheless, the host concluded, “even when presidential tweets lack truth, they still pack juice.”
“Amazon is on pace for its biggest point loss ever,” Smith said, before discussing with Fox Business host Gerri Willis that “this is about one thing: [Amazon CEO] Jeff Bezos.”
Watch below, via Fox News: