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.

  • Cruxifux@feddit.nl
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    8 hours 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.

    • Maiq@lemy.lol
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      8 hours 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.