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 hope he ruins all of them. Every last one.
You had four whole years of Trump to realize he never jokes around, he doesn’t bluff, and he’s never going to pivot, change directions, or admit he made a mistake. He means what he says and there is no nuance or subtext.
He means what he says and there is no nuance or subtext.
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.
My only solace is that Trump kills everything he touches and betrays everyone who is loyal to him.
In some regards, I hope so too. The old Fuck Around and Find Out bit. The fucking MAGAts will look like deer in headlights when the economic freight train derails and crashes.
I’m already stockpiling popcorn.
“Stupid CEOs are left dumbfounded when a greedy selfish narcissist who only listens to those who pay him the most is a greedy selfist narcissist.”
I know CEOs are never the smartest people, but Jesus Christ. Milk spoiling in the summer heat is less obvious.
Wait, what CEO is surprised that Trump won’t look at data and make decisions on that? Anyone this foolish should have their stock shorted.
“we thought we could control the face eating leopard.”
Honestly yeah they still see him as corrupt and able to be bought. He is except where he isn’t. He can be bribed like a 5 year old can, he’ll take the money and like you more because of it, but his whims will always come first
Trump doesn’t look at data. Ever.
Doesn’t surprise me, but I guess I’m not a US CEO.
I’m not even sure he can read
Trump’s late-night social media announcements have blindsided both his advisers and business leaders, leaving them scrambling to react.
He said he was going to do this long ago, dipshits. “Seriously, but not literally?”
unilateral
authoritarian*
FTFY
Just increase taxes on the wealthy…
All tariffs will do is put the additional costs onto the working class.
Working as intended.
I’d be happy paying higher taxes if they went towards things that benefit the community, like universal health care, improving quality of public education, etc.
You’ve got my vote. (I’m not actually allowed to vote in the US election)
Can someone explain why no one takes Trump at his word?
From what I understand, is that his supporters know he lies, but they believe he is telling the truth about X, which is whatever his supporters think is the most important.
He is the embodiment of all of thier wishes they hear whatever they want when he speaks.
Leopards, faces, etc.
What are they expecting, exactly? Even Musk was saying a day before the election that Trump was going to tank the economy. I’m sure Trump will just say “things are going to get worse before they get better, but believe you me when they get better, you’re all going to be filthy rich!” The typical Trump supporter will assume he’s talking to them, but he’ll only be talking to those who are already filthy rich.
This is literally the most predictable outcome.
Good, destroy eachother.
I’m just going to point out that the ultimate victims of this idiocy are the working class.
The wealthy will still be wealthy regardless
I’m just going to point out that the working class had the chance to vote against this and didn’t.
The average age of an empire is 250 years, the US is 249 years old. The only solution to this might require a “significant restructuring”…
No they didn’t.
The working class had the option to vote for keeping things the way they are, or dramatic change and hope for the best.
They voted for dramatic change, because the way things are isn’t working.
Most people are politically tuned out, and just want to pay their bills and have some fun on the weekend. They see bills are getting harder to pay and what they can do on the weekend is getting more expensive. Like it or not, the Republicans did a good job spreading the message that a vote for them will make things cheaper somehow.
We know it isn’t true, but we’re both chronically online, somewhat informed, and statistically are likely to have an above average intelligence. We do not form a good cross section of the voting public. We voted against the tyrant.
But we’re also both smart enough to know that we weren’t voting for somebody that would actually fix any of those problems. We were voting against a dollar store tyrant and hoping for the best.
And, even if everything I said is wrong, nearly half of the working class did vote against it.
Hoping that everybody suffers because of the ignorant, short sighted decision of half of them is fucked up my guy.
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.
No they didn’t.
Yes, they did, Trump was clear about his plan for tariffs. Being completely fucking ignorant about your country’s political situation does not mean the information was not available or that the option to vote against it didn’t exist.
nearly half of the working class did vote against it.
Less than a third voted against him. A third voted in favour of this shit, and the last third didn’t bother to show up.
Hoping that everybody suffers because of the ignorant, short sighted decision of half of them is fucked up my guy.
I’m not hoping people suffer, but when 66% of the population either supported this or was indifferent to it I am not going to be emotionally invested when it comes to the consequences of their actions.
I am one person, 77 million people said they wanted this, and another 90 million said “this is fine”. Who am I to argue with them? Let them have what they wanted.
They get to buy the dip.
Good to see nothing has changed in 40 years.
Have they tried calling the CEO crises hotline?
Whats going to happen is what happened last time. Trump proposes tariffs on products from [industry]. Business leaders from said [industry] bends knee, kisses ring and ass, donates cash, and tariffs never materializes.
Or if you are large enough you pay for a waiver
Let’s see, he could not impose tarrifs and make everyone happy that he’s not going to burn down the economy OR he could impose tariffs, shut down taxes on the ultra-wealthy and embezzel/stock trade his ass back to billionaire with cash on hand.
he DGAF what anyone wants unless they’re going to make him significantly richer.
