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.
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.
So what you’re saying is that World War 3 is necessary to save the USA.
Not saying that. I’m just saying not tariffs and then not saying other things.
Let’s see, he could not impose tarrifs and make everyone happy that he’s not going to burn down the economy OR he could impose tariffs, shut down taxes on the ultra-wealthy and embezzel/stock trade his ass back to billionaire with cash on hand.
he DGAF what anyone wants unless they’re going to make him significantly richer.
Are these CEOs too stupid to realize they forgot to donate $1 million dollars to Trump’s inaugural fund? Total amateurs. 🙄
They probably did, but didn’t account that he’s long past when his brain was capable of reason.
How the actual fuck are people “blindsided” by this?
Because they thought it would only happen to others and they’d be fine. Guess the leopard with a rooster hat is coming to roar and eat faces.
Maybe the leopards started with the eyes.
But… But… Genderless bathrooms! /s
CEOs aren’t the brightest.
Remember that Trump lies about everything, often in both directions. Everyone knows this, including his supporters. That gives his supporters the mental freedom to make up whateverthefuck policy positions they like and find proof that they are Trump’s real plan.
Donald Trump is the human version of a Bible. If you’re a Believer, god says he will implement your Desire. If you’re a Heretic, god says he will destroy the world. All with the same words.
Because folks do their 5 minute research by reading conservative mainstream news outlets and safe space enclaves that Tariffs are good.
Talking points to the contrary are not allowed, so they get to find out the hard way.
To be fair. The message they’re receiving is that tariffs will hurt the people that deserve it. And they’re absolutely right. But while they’re suffering, so will the rest of America.
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.
You ever talk to c-level execs? Many of them simply aren’t smart
A large percentage of them are the embodiment of the Peter principle
A lot of times attractiveness plays a big role too. In modern corporate america being attractive will get you further than being smart.
Studies have shown that something as simple as being tall makes people be more likely to be looked towards as leaders.
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.
A wave? Out at sea? Chance in a million!
- the front fell off
Yeah but it’s out of the environment
The German corporate elite thought they could control the last guy as well…
You let the fox in the henhouse. Why would he listen? He’s not planning to win over hearts and minds
“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.
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?
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.
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.
has there been a case of collective amnesia among business ‘leaders’?!!
Business leaders in the last decade or 2 have increasingly been laser focused on nothing beyond the next 6 months - AKA short term returns.
The long term survival of their business or what has happened in previous years are simply not part of their thought process when the next quarter’s profits are all that matters.
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.
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.
My only solace is that Trump kills everything he touches and betrays everyone who is loyal to him.
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.
I’m already stockpiling popcorn.
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.
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.
I’m always scratching my head while also panicking
I’m sure imposing tariffs benefits him and his cronies. That’s why he promises to put it in place.
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.
NOW who’s fucking with the money?
He has already shown them what he wants them to do.
Just donate $1 million to him and he will help your business
Donate enough and you get a cabinet position.
Donate even more and he’ll create new fake departments for you.
It was a billion.
See? The poor billionaires suffer inflation just like everyone else. /s
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?
