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submitted 19 hours ago by MicroWave@lemmy.world to c/news@lemmy.world

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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[-] Furbag@lemmy.world 20 points 1 hour ago

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.

[-] buttfarts@lemy.lol 1 points 14 minutes ago

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

[-] PugJesus@lemmy.world 8 points 1 hour ago

Leopards, faces, etc.

This is literally the most predictable outcome.

[-] samus12345@lemm.ee 21 points 3 hours ago

Trump’s late-night social media announcements have blindsided both his advisers and business leaders, leaving them scrambling to react.

He said he was going to do this long ago, dipshits. "Seriously, but not literally?"

[-] 8000gnat@reddthat.com 4 points 1 hour ago

I'm always scratching my head while also panicking

[-] shasta@lemm.ee 22 points 3 hours ago

unilateral

authoritarian*

FTFY

[-] john89@lemmy.ca 24 points 4 hours ago

Just increase taxes on the wealthy...

All tariffs will do is put the additional costs onto the working class.

[-] dan@upvote.au 6 points 2 hours ago

I'd be happy paying higher taxes if they went towards things that benefit the community, like universal health care, improving quality of public education, etc.

[-] chiliedogg@lemmy.world 12 points 3 hours ago

Working as intended.

[-] Saledovil@sh.itjust.works 5 points 4 hours ago

You've got my vote. (I'm not actually allowed to vote in the US election)

[-] TankovayaDiviziya@lemmy.world 1 points 1 hour ago

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

[-] Doomsider@lemmy.world 1 points 40 minutes ago* (last edited 39 minutes 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.

[-] yarr@feddit.nl 36 points 5 hours ago

Wait, what CEO is surprised that Trump won't look at data and make decisions on that? Anyone this foolish should have their stock shorted.

[-] CileTheSane@lemmy.ca 10 points 3 hours ago* (last edited 3 hours ago)

"we thought we could control the face eating leopard."

[-] samus12345@lemm.ee 2 points 3 hours ago

Trump doesn't look at data. Ever.

[-] yarr@feddit.nl 2 points 2 hours ago

Doesn't surprise me, but I guess I'm not a US CEO.

[-] Joeffect@lemmy.world 2 points 2 hours ago

I'm not even sure he can read

[-] PedroMaldonado@lemmy.world 1 points 1 hour ago

NOW who's fucking with the money?

[-] enbyecho@lemmy.world 3 points 3 hours 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.

[-] GhiLA@sh.itjust.works 17 points 6 hours ago
[-] Wogi@lemmy.world 18 points 4 hours ago

I'm just going to point out that the ultimate victims of this idiocy are the working class.

The wealthy will still be wealthy regardless

[-] GhiLA@sh.itjust.works 1 points 2 hours ago

Good to see nothing has changed in 40 years.

[-] CileTheSane@lemmy.ca 6 points 3 hours ago

I'm just going to point out that the working class had the chance to vote against this and didn't.

The average age of an empire is 250 years, the US is 249 years old. The only solution to this might require a "significant restructuring"....

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[-] chiliedogg@lemmy.world 4 points 3 hours ago

They get to buy the dip.

[-] Absaroka@lemmy.world 56 points 8 hours 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.

[-] bitjunkie@lemmy.world 12 points 3 hours ago

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

[-] jaggedrobotpubes@lemmy.world 4 points 2 hours 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.

[-] Brown5500@sh.itjust.works 25 points 4 hours ago

January 6th has entered the chat...and quietly left unnoticed.

[-] Snapz@lemmy.world 11 points 4 hours 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.

[-] seejur@lemmy.world 6 points 4 hours 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

[-] limelight79@lemm.ee 46 points 7 hours 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.

[-] Klear@lemmy.world 7 points 4 hours ago

Yeah, but the alternative was voting for a woman, so...

[-] tate 1 points 50 minutes ago

There wasn't a woman running in 2020.

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this post was submitted on 16 Dec 2024
482 points (98.4% liked)

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