Summary

U.S. CEOs and business executives are alarmed as Donald Trump remains firm on imposing high tariffs on U.S. allies, despite warnings from economists about potential economic harm.

According to the Wall Street Journal, Trump’s late-night social media announcements have blindsided both his advisers and business leaders, leaving them scrambling to react.

While Trump consults some advisers, like Marco Rubio and Treasury pick Scott Bessent, his unilateral approach limits their influence.

The uncertainty has left business leaders struggling to find ways to alter his stance on trade policies.

  • Anti_Iridium@lemmy.world
    link
    fedilink
    arrow-up
    5
    ·
    6 days ago

    There were also guardrails to stop his half baked schemes from being implemented, or people with integrity in career positions that had the hard option of saying no.

    I’m just worried this time he will tell his head of the EPA to make the sky that color.

    And the head of the EPA will.