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.
I’m sure imposing tariffs benefits him and his cronies. That’s why he promises to put it in place.
They are probably playing the stock market using the office to manipulate prices. This is a huge problem and is why we don’t need businessmen in the government there to enrich themselves.