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.

    • finder@lemmy.world
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      4 months ago

      Because folks do their 5 minute research by reading conservative mainstream news outlets and safe space enclaves that Tariffs are good.

      Talking points to the contrary are not allowed, so they get to find out the hard way.

      • meco03211@lemmy.world
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        4 months ago

        To be fair. The message they’re receiving is that tariffs will hurt the people that deserve it. And they’re absolutely right. But while they’re suffering, so will the rest of America.

    • atzanteol@sh.itjust.works
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      4 months ago

      You ever talk to c-level execs? Many of them simply aren’t smart. They’re just very aggressive and confident which gives the appearance of intelligence.

    • Croquette@sh.itjust.works
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      4 months ago

      Because they thought it would only happen to others and they’d be fine. Guess the leopard with a rooster hat is coming to roar and eat faces.