- cross-posted to:
- news
- cross-posted to:
- news
Summary
Despite initial support from business leaders, many are expressing concerns about the economic outlook under Trump’s second term.
Executives from Ford, GM, ON Semiconductor, Point72, and Citadel have voiced frustration over the uncertainty created by Trump’s tariff policies, particularly their unpredictable implementation and exemptions.
Auto industry leaders warn that 25% tariffs on Canada and Mexico would devastate U.S. manufacturing. Other concerns include reduced immigration affecting labor force growth and DOGE’s federal workforce cuts.
The White House dismisses the concerns and defends Trump’s policies as "pro-growth.”
The CEOs are ultimately only employees. They do the bidding of the oligarchs and those are OK with overthrowing democracy.
It’s not uncommon for a CEO to be a major (if not primary) shareholder, as well as board chairperson.
They are the oligarchs.
Some of them are, but most are not.
Yup CEO’s work for the company. The board of directors are the significant owners in most cases.
CEOs* work for the company