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.

  • @john89@lemmy.ca
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    314 months ago

    Just increase taxes on the wealthy…

    All tariffs will do is put the additional costs onto the working class.

  • Sasha [They/Them]
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    244 months ago

    I’m going to laugh so hard if Trump has an “apparent suicide” and at least one cop says it’s not suspicious, if they can do it to whistleblowers who risk their profits, surely this qualifies?

    Not saying it’s likely, just that I absolutely will laugh, probably for days.

    • Chaotic Entropy
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      154 months ago

      “If you burn America to the ground, I will let you rule this ashes.”

    • @rumba@lemmy.zip
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      54 months ago

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

      Prepare for Russian Oil Imports.

    • finder
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      394 months ago

      Because folks do their 5 minute research by reading conservative mainstream news outlets and safe space enclaves that Tariffs are good.

      Talking points to the contrary are not allowed, so they get to find out the hard way.

      • @meco03211@lemmy.world
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        234 months ago

        To be fair. The message they’re receiving is that tariffs will hurt the people that deserve it. And they’re absolutely right. But while they’re suffering, so will the rest of America.

    • @tburkhol@lemmy.world
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      154 months ago

      Remember that Trump lies about everything, often in both directions. Everyone knows this, including his supporters. That gives his supporters the mental freedom to make up whateverthefuck policy positions they like and find proof that they are Trump’s real plan.

      Donald Trump is the human version of a Bible. If you’re a Believer, god says he will implement your Desire. If you’re a Heretic, god says he will destroy the world. All with the same words.

    • @atzanteol@sh.itjust.works
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      1164 months ago

      You ever talk to c-level execs? Many of them simply aren’t smart. They’re just very aggressive and confident which gives the appearance of intelligence.

      • @anomnom@sh.itjust.works
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        54 months ago

        A-Students work for B-Students in companies owned by C-Students, which are financed by D-Students, while the hedge funds owned by the sociopathic F-Students short sell the whole thing to make sure they have enough spare cash to buy a new library wing at Harvard, so their F-Student-kids get in.

      • @psycho_driver@lemmy.world
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        404 months ago

        A lot of times attractiveness plays a big role too. In modern corporate america being attractive will get you further than being smart.

        • @Aceticon@lemmy.dbzer0.com
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          334 months ago

          Studies have shown that something as simple as being tall makes people be more likely to be looked towards as leaders.

    • Chozo
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      1704 months ago

      Maybe the leopards started with the eyes.

    • @Croquette@sh.itjust.works
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      104 months ago

      Because they thought it would only happen to others and they’d be fine. Guess the leopard with a rooster hat is coming to roar and eat faces.

  • ɔiƚoxɘup
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    104 months ago

    Had to check whether this was posted in leopards ate my face or not. Lol

    • @BigPotato@lemmy.world
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      34 months ago

      They want you to think that they didn’t know this was going to happen. They want you to come out and say “Man, they didn’t see that coming! How silly of them!” as they buy the country out from under you. They want you to think he’s the ‘bad’ one…

      This isn’t their loss, they’re just trying to spin it into a bigger win.

    • @chiliedogg@lemmy.world
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      54 months ago

      When the economy tanks, stocks plummet, and a million people lose their homes, these assholes will buy up even more houses and stocks cheap.

      Then they’ll end the tarrifs, pat themselves on the back for saving the economy, and sell high.

  • @Frostbeard@lemmy.world
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    104 months ago

    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.

  • Shirasho
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    694 months ago

    This guy has tanked all of his previous enterprises due to his poor decision making and lack of knowledge. What in their right minds made them think this would be any different?

  • Eugene V. Debs' Ghost
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    354 months ago

    “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.

  • @cultsuperstar@lemmy.world
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    154 months ago

    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.