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Panicked CEOs left 'scratching their heads' as Trump ignores their warnings: WSJ (www.rawstory.com)

submitted 2 days ago by [email protected] to c/[email protected]

169 comments fedilink hide all child comments

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.

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[–] rc__buggy 2 points 2 days ago (1 children)

The Peter Theils, the Blackrocks, various equity firms.

Just like wall street doesn't mirror main street, crashing economies can be quite profitable if you're in the right industry.

[–] [email protected] 1 points 2 days ago* (last edited 2 days ago) (1 children)

I see you're talking about them buying everything they can. That's going to be kind of hard when the stock market crashes though. While it can remain irrational, it cannot ignore companies collapsing.

[–] rc__buggy 1 points 2 days ago (1 children)

John Pauson, Pauson & Co.

Made billions during '07-08

[–] [email protected] 1 points 2 days ago

That's cute that you think that was a crash. It could have been one but they stopped it. They were able to stop it because businesses were still viable under it all. These tariffs run the real risk of making the businesses non viable which takes the base of the stock market out. A true crash that wipes everything out.