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.
Voting for dramatic change has a positive ring to it, which makes some implications falsehoods.
Voting for dramatic change that we have been plainly shown and openly promised will take everything that’s bad about the system and make it dramatically worse, now that’s something that’s idiotic, and that’s what happened.