this post was submitted on 16 Dec 2024
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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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[–] [email protected] 3 points 5 days ago (1 children)

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

[–] [email protected] 1 points 4 days ago

They probably did, but didn't account that he's long past when his brain was capable of reason.

[–] [email protected] 7 points 5 days ago

Have they tried calling the CEO crises hotline?

[–] [email protected] 3 points 6 days 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.

[–] [email protected] 16 points 6 days ago (2 children)

Can someone explain why no one takes Trump at his word?

[–] [email protected] 13 points 6 days 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.

[–] [email protected] 7 points 6 days ago

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

[–] [email protected] 9 points 6 days ago
[–] [email protected] 15 points 6 days 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.

[–] [email protected] 10 points 6 days ago (1 children)

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.

[–] [email protected] 3 points 6 days ago

Or if you are large enough you pay for a waiver

[–] [email protected] 35 points 6 days 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.

[–] [email protected] 15 points 6 days ago

This is literally the most predictable outcome.

[–] [email protected] 19 points 6 days ago

Leopards, faces, etc.

[–] [email protected] 2 points 6 days ago (1 children)

I'm sure imposing tariffs benefits him and his cronies. That's why he promises to put it in place.

[–] [email protected] 2 points 6 days ago* (last edited 6 days ago)

They are probably playing the stock market using the office to manipulate prices. This is a huge problem and is why we don't need businessmen in the government there to enrich themselves.

[–] [email protected] 4 points 6 days ago

NOW who's fucking with the money?

[–] [email protected] 53 points 6 days ago (3 children)

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.

[–] [email protected] 6 points 6 days ago (1 children)

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.

[–] [email protected] 6 points 6 days ago

I'm already stockpiling popcorn.

[–] [email protected] 21 points 6 days ago* (last edited 6 days ago) (1 children)

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.

[–] [email protected] 5 points 6 days 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.

[–] [email protected] 17 points 6 days ago

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

[–] [email protected] 8 points 6 days ago

I'm always scratching my head while also panicking

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