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.

  • @Maggoty
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    1 day ago

    Didn’t he literally campaign on these tariffs?

    Where were these titans of industry in October?

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    Yup. This is not a new thing. If these guys had lined up to say this at a microphone during the campaign it could have had an impact. But no, they thought they could just control him after the fact. After having seen how uncontrollable he was during his first term. This is what happens when you equate wealth with intelligence. You get dumbasses who think they’re playing 5d chess.

    • Flying Squid
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      61 day ago

      They thought they could control the guy who stared at the sun during an eclipse after he was told if he did, he might go blind.

      You can’t control Caligula.