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.

      • Pistcow@lemm.ee
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        4 months ago

        No kids, 100k salary with 50k lifestyle. Got out of S&P 500 with about 100% growth since I started. Will jump back in once it crashes.

    • 100_kg_90_de_belin@feddit.it
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      4 months ago

      This is really self-centered and tone deaf. At least parasites literally can’t do anything else, you choose to be this despicable.

      • Pistcow@lemm.ee
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        4 months ago

        I mean, I’ve been on the butt end of countless crashes. If you can’t see it coming and cash in this time, maybe next time. It’s what these dumb bucks voted for.