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.

  • Maiq@lemy.lol
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    6 days ago

    I wholeheartedly agree it’s a hard sell. What other viable non violent means do we have left?

    Do we wait for the ruling class to crash the economy? The people will be even more fucked than they are now.

    People are going to have to be willing to put themselves at risk or there will be no reward, only serfdom and abject destitute for all.

    • Flying Squid@lemmy.world
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      6 days ago

      I do not hold out hope for enough people who are willing to make altruistic sacrifices for it to work. I lost all optimism I might have had when it came to America on the first Wednesday in November.