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.

  • @[email protected]
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    34 months 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]
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    1785 months ago

    He’s a Russian asset, what do they think he is going to do anything that’s in the US’s best interest? He’s here to burn it to the ground and line his pockets with what’s not ashes.

    Honestly at this point I don’t know how anyone can’t see the obvious.

      • @[email protected]
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        55 months ago

        It was said below but I really think that there needs to be more people that are willing to run for office with a more progressive message.

        I know it’s not as sexy as revolution or CEO-cide but it really is a better way to make changes without fucking the country up completely.

        So how the fuck do you run for office ? I don’t know but there are resources that can help. If you don’t want to run that’s fair but as you mentioned the time to just sit around and bitch online in an echo chamber is done. Progressives are going to have to find a way to make their voices heard and in a way that isn’t talking down to people.

        Note: I get the anger and the desire to want to scare the fuck out of the ruling class. But murder isn’t the only thing that the ruling class is scared of, they also don’t want people to vote for their own self-interest. They don’t want the people to demand billionaires pay more in taxes. And a significant group of progressive politicians would scare the shit out of the established ruling class.

      • @[email protected]
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        255 months ago

        Build connections in your local community. Organize and elect your candidates at the local level

      • @[email protected]
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        255 months ago

        With all the anger about the dead CEO lately and rightfully angry people in glee over the violence, I truly think we could accomplish more with a general strike. Crash the fake economy built on fraud. If wall street looses billions a day in their fictional numbers they throw around we would show them real power. This would accomplish more than any dead CEO ever could.

        Saw a post where the Trump administration is eyeing pulling FDIC from our banks! They already plan on crashing the economy. Stealing all your money, and making the US in Russia’s image.

        https://www.reuters.com/markets/us/trump-advisers-reported-plan-ease-banking-oversight-may-not-get-required-support-2024-12-13/

        If we beat them to the punch we might still have our bank account money at least while their fictional money evaporates into thin air.

        One thing the real rich people won’t stand for is their money vanishing. If we hold out long enough the real wealthy will likely turn on him, hell he might fall out a window!

        • Flying Squid
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          165 months ago

          It’s going to be hard to convince people to strike when so many of them are in massive debt and live paycheck-to-paycheck.

          When you can barely feed your kids on what little you’re paid, you’re a lot less willing to strike. Especially if you aren’t in a union and can be fired for it. And the corpos know it and rely on it.

          • @[email protected]
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            15 months ago

            I wholeheartedly agree it’s a hard sell. What other viable non violent means do we have left?

            Do we wait for the ruling class to crash the economy? The people will be even more fucked than they are now.

            People are going to have to be willing to put themselves at risk or there will be no reward, only serfdom and abject destitute for all.

            • Flying Squid
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              15 months ago

              I do not hold out hope for enough people who are willing to make altruistic sacrifices for it to work. I lost all optimism I might have had when it came to America on the first Wednesday in November.

                • Cruxifux
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                  15 months ago

                  Understanding that violent means are the only realistic way to change things at this point is not apathy.

            • Cruxifux
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              25 months ago

              That’s the thing. I don’t think there are any viable non violent means left. Unless some magical unicorn leader gains power in the US and other countries the elites are tied to fast that is willing to wrench power from their hands through legal means, and looking at global political movements as they stand right now I do not think that is going to happen any time soon.

          • @[email protected]
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            125 months ago

            Luigi even said that in the manifesto- economic protest isn’t viable in this system. He’s basically right.

            • @[email protected]
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              35 months ago

              So the plan is to wait till more people choose violence and hope that does anything but solidify the ruling class behind armed forces and impenetrable walls of security and eventually anonymity. To me that seems like a waste of valuable time, resources and lives.

              Violence should be the last resort. I truly believe that general strike is the best option.

              • skulblaka
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                35 months ago

                “Best option” does not mean “realistic option”. I think you’re correct. I also think we’ve been (intentionally) pushed to a point where we can’t exercise that option.

        • Cruxifux
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          45 months ago

          I never understood the whole “they won’t stand for losing money” tactic. What you’re asking them to do with a general strike is to relinquish their money to the masses and reduce the wealth gap significantly. They won’t do that. They will do literally anything, including forcing people back to work for them with violence from mercenary groups (or robot dogs, which is horrifying to me) before they submit to the will of the people. A general strike would be a good step, but if you think it will go over well for the working class without any bloodshed then you should learn about how the elites have treated striking in the past.

          • @[email protected]
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            25 months ago

            It wasn’t the poor oppressed peoples of Rome that undid Caesar, it was the disaffected members of the elite.

            The best option for the least bloodshed it to force the hand of those in power to act in their own self interest. If their best option is getting rid of the source of their problems in an attempt to retain the money and power they have they will stab anyone in the back to get what they want.

            We need to split their class solidarity.

            • Cruxifux
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              15 months ago

              Also people keep using Rome as if things aren’t drastically different this time around.

            • Cruxifux
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              15 months ago

              Much easier for them to do to us than vice versa. They know this.

    • @[email protected]
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      55 months ago

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

    • @[email protected]
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      55 months ago

      hell for all we know, that was part of his concession for putin helping him get elected.

      Prepare for Russian Oil Imports.

    • Chaotic Entropy
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      165 months ago

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

      • Pistcow
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        35 months ago

        No kids, 100k salary with 50k lifestyle. Got out of S&P 500 with about 100% growth since I started. Will jump back in once it crashes.

    • Flying Squid
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      35 months ago

      Do you think people got rich when they “bought the dip” in 1929 or did a decade of global depression make that not possible?

      • Pistcow
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        25 months ago

        Absolutely.

        “It is the financialisation of the economy in particular that generated a lot of income for the rich, who invest in financial assets,” Dafermos said. “And whenever an economic crisis strikes, the central banks’ response is to save the financial market from collapsing because it is so much interlinked with the real economy. This helps stock and bond markets to thrive creating more wealth and inequality.”

          • Pistcow
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            14 months ago

            I’m wrong, I lose out on 4-7% growth.

            I’m right, I’m up 120% from the last crash.

            • Flying Squid
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              14 months ago

              “The last crash” was not The Great Depression. I suggest you read up on it since you’re apparently not aware of what happened for a decade.

              • Pistcow
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                14 months ago

                At what point did you think I meant great depression?

                Funny story about why I have a little more insight than you. My undergrad taking a finance class for my supply chain degree. Professor offered 10% extra credit if we attended a finance related conference. I used the university conference search engine he provided. 99% were real estate conferences, and i picked the only one that wasn’t. Turns out it was a conference for a buttload of finance VPs discussing each market crash in great detail and how they will prepare for the next. Like this was a club where the speakers were from the Fed. I was completely out of my element, but I got seated with the club president who worked for Goldman Sachs. Nice guy. The lady that gave me my name sticker at registration said that their club had offered invites to the local university for years, and I was the first to accept. The event was $3k a plate and completely covered for me.

                I’m not an expert on finance, but in 2018, I had a 5-star lunch with all the financial experts and learned a shitload about each American and international financial crash from 1929 onward and what they would be doing in preparation for the next one.

    • 100_kg_90_de_belin
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      65 months ago

      This is really self-centered and tone deaf. At least parasites literally can’t do anything else, you choose to be this despicable.

      • Pistcow
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        15 months ago

        I mean, I’ve been on the butt end of countless crashes. If you can’t see it coming and cash in this time, maybe next time. It’s what these dumb bucks voted for.

  • @[email protected]
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    235 months ago

    After the great depression, tariffs were implemented and failed to do anything other than fuck over the American people.

    The event that finally ended the Great Depression was the United States’ entry into World War II, which significantly boosted the economy through increased demand for war materials and created millions of jobs in defense industries. While President Roosevelt’s “New Deal” programs aimed to alleviate the Depression, they did not fully end it. The massive production needs of World War II essentially pulled the US out of the Depression. The government spending on war materials created a significant economic stimulus.

  • Nougat
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    705 months ago

    Maybe your dumb asses should have been railing against this a long fucking time ago.

    • Cruxifux
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      35 months ago

      Right? I realized 20 years ago that trying to vote your way out of a system that’s democracy and media was controlled by the elites was a crock of shit.

  • @[email protected]
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    5 months ago

    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]
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    465 months ago

    You let the fox in the henhouse. Why would he listen? He’s not planning to win over hearts and minds

  • @[email protected]
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    45 months ago

    It’s a bullying tactic straight out of elementary school. Trump knows they will suck up to him and shower him with donations and more importantly fan his ego. He doesn’t give a crap about what happens because of the tariffs (obviously) since he can just blame other people.

  • @[email protected]
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    595 months ago

    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.

    • JaggedRobotPubes
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      85 months ago

      This is the whole issue. Republicans, a cult, can only exist in pretend political party form because they have convinced their base that literally–literally–anything that has a big ol REPUBLICAN label slapped on it is the highest moral good.

      They see children getting murdered in cold blood in schools and take the side of the guns. I should probably repeat that four or five times with varying emphasis.

      Trump could bomb an orphanage, brag about it, and within a week Fox Lies & Propaganda would be running stories about how the orphanage made a mistake on its taxes that was falsely flagged as fraud, and how orphans might become criminals.

      It won’t undo the current disaster, but the real path back is probably more like talking to one person who’s trumpy but still somehow you kind of like anyway, with a tone of…come on now. Are we serious with this? You see this for what it is, right? You gotta put a stop to this, it can’t go on. Or just plain old Lakoff advice about getting your racist grandpa to tell you a story at thanksgiving of a time he helped somebody. This is one step in restoring his brain to its unpoisoned-by-conservatism state.

      You gotta attack the foundation of fascism and conservatism, which science seems to think you do with empathy.

    • @[email protected]
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      185 months ago

      His entire first administration was a series of such fuckups. I am not hopeful that consequences (for him) are ever coming.

    • @[email protected]
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      135 months ago

      South Korea wasn’t in a cult for that leader AND what he asked for was essentially what… Something that equated to the build up to January 6th, without even a January 6th style failed coup attempt to show for it.

      No, they did what we should have. We failed.

      • @[email protected]
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        85 months ago

        South Korea values education. The Republican party has been destroying the public education system for decades.

        So south Korea does not have as many braindead people as we have here

    • @[email protected]
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      505 months ago

      He did have a gigantic fuck up. He fucked up the response to covid-19. Badly. And how much did his fuck up make the situation worse in the rest of the world?

      74 million people still voted for him in 2020. During and immediately AFTER that fuck up.

        • tate
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          24 months ago

          There wasn’t a woman running in 2020.

        • @[email protected]
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          55 months ago

          A half black, half Indian woman, though!

          It’s going to take something monumental for the US to ever change- and even then I doubt it will. People seem 100% stupider than 15 years ago and some study just showed adult intelligence has dropped in multiple areas. I wonder if people infected with COVID literally got stupider on top of all the lead poisoning from pre-90’s.

    • @[email protected]
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      185 months ago

      I don’t think that’s possible, unfortunately. I’m pretty sure he knows he can get away with anything, and his stupid fans will still gladly follow him. He will put the blame on someone else, every time, and they will believe him, every time.

  • @[email protected]
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    34 months ago

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

    • @[email protected]
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      14 months ago

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