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.
Well, there is a sort of nuance here.
In that he’s also terrible at doing literally anything, and fails constantly at achieving promises.
He also has so many plots and schemes cooking at any given moment with so many other people and organizations that you absolutely cannot trust or predict any outcome. This is the real thing that nobody learned about Trump is that he is completely unpredictable because he can’t be honest about the color of the sky if asked.
There were also guardrails to stop his half baked schemes from being implemented, or people with integrity in career positions that had the hard option of saying no.
I’m just worried this time he will tell his head of the EPA to make the sky that color.
And the head of the EPA will.