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.

  • atzanteol@sh.itjust.works
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    2 days 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.

    • psycho_driver@lemmy.world
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      2 days 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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        2 days ago

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

    • anomnom@sh.itjust.works
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      2 days 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.