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.

  • rayyy@lemmy.world
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    5 days ago

    All part of Putin’s plan. He probably gave him the advice on tariffs.

    • rumba@lemmy.zip
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      4 days ago

      hell for all we know, that was part of his concession for putin helping him get elected.

      Prepare for Russian Oil Imports.