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.

  • @Breve@pawb.social
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    15 hours ago

    Are these CEOs too stupid to realize they forgot to donate $1 million dollars to Trump’s inaugural fund? Total amateurs. 🙄

  • @Doorbook@lemmy.world
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    311 hours ago

    Ceo will save themselves, if they are normal, they will have assets in different countries and just move.

    Poor people on the other hands would not be able to move to another city.

    • @Anti_Iridium@lemmy.world
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      1219 hours ago

      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.

    • @Yewb@lemmy.world
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      719 hours ago

      He is the embodiment of all of thier wishes they hear whatever they want when he speaks.

  • Eugene V. Debs' Ghost
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    3422 hours 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.

  • @Furbag@lemmy.world
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    521 day ago

    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.

    • @ameancow@lemmy.world
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      23 hours ago

      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.

      • @Anti_Iridium@lemmy.world
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        318 hours ago

        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.

    • @buttfarts@lemy.lol
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      1623 hours ago

      My only solace is that Trump kills everything he touches and betrays everyone who is loyal to him.

    • @Gammelfisch@lemmy.world
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      522 hours ago

      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.

  • @cultsuperstar@lemmy.world
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    1521 hours 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.

  • @samus12345@lemm.ee
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    331 day ago

    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?”

  • @Frostbeard@lemmy.world
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    1021 hours 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.

  • @yarr@feddit.nl
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    441 day ago

    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.

  • @john89@lemmy.ca
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    311 day ago

    Just increase taxes on the wealthy…

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