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.”

  • Nougat
    link
    fedilink
    92 days ago

    It’s not uncommon for a CEO to be a major (if not primary) shareholder, as well as board chairperson.

    They are the oligarchs.