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.

(page 3) 50 comments
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[–] [email protected] 12 points 1 week ago (3 children)

Man... Side with Trump, side with CEOs. This is one of those "Can't both teams lose" situations. Ha

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[–] [email protected] 11 points 1 week ago

Oh no! The leopards are eating faces! Who could have foreseen this?

[–] [email protected] 57 points 1 week ago (12 children)

Might be a bit of a contrarian take, but at this point I think Trump needs to have a gigantic fuck up to drive people to the streets in anger, South Korea style. One of those 'we need our medicine before we can get better' moments.

For some reason tens of millions of people buy his "'I'm the greatest - only I can save you - they're evil and stupid" rhetoric.

So it's going to take a truly epic fuck up that he can't bullshit his way out of - and that the media can't ignore - for people to finally see that him and his cronies are all gigantic pieces of shit.

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[–] [email protected] 3 points 1 week ago

Trump ignores a lot of things. The Country's bigliest ignorant.

[–] [email protected] 10 points 1 week ago

Either Putin paid him more than the Corpos, or he owes Putin too much to turn around on it.

[–] [email protected] 42 points 1 week ago (3 children)

All part of Putin's plan. He probably gave him the advice on tariffs.

[–] [email protected] 14 points 1 week ago

"If you burn America to the ground, I will let you rule this ashes."

[–] [email protected] 5 points 1 week ago

I wonder if in a Freudian slip the translator said "Self Sanctions" when discussing tariffs

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[–] [email protected] 51 points 1 week ago (1 children)

Did you only now notice that he only cares about himself?

[–] [email protected] 36 points 1 week ago (2 children)

And he's mind-bogglingly stupid on top of that.

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[–] [email protected] 24 points 1 week ago

I'm going to laugh so hard if Trump has an "apparent suicide" and at least one cop says it's not suspicious, if they can do it to whistleblowers who risk their profits, surely this qualifies?

Not saying it's likely, just that I absolutely will laugh, probably for days.

[–] [email protected] 59 points 1 week ago (2 children)

Looks like Americans are about to go through their version of brexit. Good luck, it's going to be rough.

[–] [email protected] 9 points 1 week ago (1 children)

Those are nothing alike. The UK has become an empty shell of its former empire. It lacks the access to resources for a closed economy and the military strength to steal them elsewhere.

For the US it is possible to return to a closed economy. The way Trump would do it is stupid and it would fuck over most Americans, but the end goal of a closed economy is viable in principal. For the UK it was impossible to achieve anything out of Brexit.

[–] [email protected] 18 points 1 week ago (1 children)

The only way the US could return to a viable closed economy is if the world jumped into a time machine and went back to the 80s.

Over here in the UK, whilst Brexit is an absolute clusterfuck and was always going to be, it was never the plan of even the most Faragian of people to enact a closed economy.

I don't think any Westernised economy could successfully run a completely enclosed economy anymore.

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[–] [email protected] 5 points 1 week ago

That would be glorious! But I'm seriously scared for Ukraine and Europe while Amexit happens...!

[–] [email protected] 42 points 1 week ago* (last edited 1 week ago) (3 children)

He has already shown them what he wants them to do.

Just donate $1 million to him and he will help your business

[–] [email protected] 8 points 1 week ago (1 children)
[–] [email protected] 8 points 1 week ago (1 children)

See? The poor billionaires suffer inflation just like everyone else. /s

[–] [email protected] 5 points 1 week ago

I was wondering this morning as I was scrambling my eggs just how many of the grossly unqualified billionaires that Trump is trying to nominate to cabinet positions paid for those positions?

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[–] [email protected] 119 points 1 week ago (2 children)

They thought they’d vote anti-tax first, then pushover trump on the tariffs when they had the time. Looks like they were wrong.

More faces being eaten.

[–] [email protected] 25 points 1 week ago

The one singular upside of Cheeto 2.0 is that I'll get to enjoy some guilty schadenfreude as the face eating leopard starts eating the faces of the party-for-face-eating-leopards.

[–] [email protected] 55 points 1 week ago* (last edited 1 week ago) (1 children)

If this was his first go-around I could see some rationale to that idea. But holy shit, has there been a case of collective amnesia among business 'leaders'?!!

They knew exactly what they were getting. Because we've seen all this before. Usually this is the definition of madness. But in this case it should be the definition of stupidity.

This same surprised Pikachu shit is going to happen over and over and over again over the next 4+ years. Even right now, the media keep assuming what he says is what he will do. And I have no idea why. He demonstrated in his first term that at least half of what he promises he either backtracks on he doesn't follow through on. Why they think things will be different this time is beyond me.

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

A wave? Out at sea? Chance in a million!

  • the front fell off
[–] [email protected] 2 points 1 week ago

Yeah but it's out of the environment

[–] [email protected] 10 points 1 week ago

Had to check whether this was posted in leopards ate my face or not. Lol

[–] [email protected] 72 points 1 week ago

This guy has tanked all of his previous enterprises due to his poor decision making and lack of knowledge. What in their right minds made them think this would be any different?

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