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

News

23890 readers
3332 users here now

Welcome to the News community!

Rules:

1. Be civil


Attack the argument, not the person. No racism/sexism/bigotry. Good faith argumentation only. This includes accusing another user of being a bot or paid actor. Trolling is uncivil and is grounds for removal and/or a community ban. Do not respond to rule-breaking content; report it and move on.


2. All posts should contain a source (url) that is as reliable and unbiased as possible and must only contain one link.


Obvious right or left wing sources will be removed at the mods discretion. We have an actively updated blocklist, which you can see here: https://lemmy.world/post/2246130 if you feel like any website is missing, contact the mods. Supporting links can be added in comments or posted seperately but not to the post body.


3. No bots, spam or self-promotion.


Only approved bots, which follow the guidelines for bots set by the instance, are allowed.


4. Post titles should be the same as the article used as source.


Posts which titles don’t match the source won’t be removed, but the autoMod will notify you, and if your title misrepresents the original article, the post will be deleted. If the site changed their headline, the bot might still contact you, just ignore it, we won’t delete your post.


5. Only recent news is allowed.


Posts must be news from the most recent 30 days.


6. All posts must be news articles.


No opinion pieces, Listicles, editorials or celebrity gossip is allowed. All posts will be judged on a case-by-case basis.


7. No duplicate posts.


If a source you used was already posted by someone else, the autoMod will leave a message. Please remove your post if the autoMod is correct. If the post that matches your post is very old, we refer you to rule 5.


8. Misinformation is prohibited.


Misinformation / propaganda is strictly prohibited. Any comment or post containing or linking to misinformation will be removed. If you feel that your post has been removed in error, credible sources must be provided.


9. No link shorteners.


The auto mod will contact you if a link shortener is detected, please delete your post if they are right.


10. Don't copy entire article in your post body


For copyright reasons, you are not allowed to copy an entire article into your post body. This is an instance wide rule, that is strictly enforced in this community.

founded 2 years ago
MODERATORS
 

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.

top 50 comments
sorted by: hot top controversial new old
[–] WhatsHerBucket 347 points 1 month ago (7 children)

How the actual fuck are people “blindsided” by this?

[–] [email protected] 171 points 1 month ago

Maybe the leopards started with the eyes.

[–] [email protected] 117 points 1 month ago (3 children)

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.

[–] psycho_driver 40 points 1 month ago (1 children)

A lot of times attractiveness plays a big role too. In modern corporate america being attractive will get you further than being smart.

[–] [email protected] 33 points 1 month ago

Studies have shown that something as simple as being tall makes people be more likely to be looked towards as leaders.

load more comments (2 replies)
[–] [email protected] 68 points 1 month ago

CEOs aren't the brightest.

[–] finder585 40 points 1 month ago (1 children)

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.

[–] meco03211 24 points 1 month ago

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.

load more comments (3 replies)
[–] [email protected] 172 points 1 month ago (1 children)

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] 31 points 1 month ago (3 children)

What can we do besides impotently complain about this on the internet?

[–] [email protected] 25 points 1 month ago (14 children)

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!

load more comments (14 replies)
[–] [email protected] 25 points 1 month ago

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

load more comments (1 replies)
[–] RememberTheApollo_ 119 points 1 month 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.

[–] ThePowerOfGeek 55 points 1 month ago* (last edited 1 month 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.

load more comments (1 replies)
[–] [email protected] 25 points 1 month 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] 72 points 1 month 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?

[–] [email protected] 68 points 1 month ago (1 children)

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

load more comments (1 replies)
[–] [email protected] 68 points 1 month ago (1 children)

Anyone else feel like the goal IS inflation?? I feel like they're trying to contrstruct a Weimar Republic situation with this to push people further right. I hope I'm wrong, but this feels like they're really trying to come up with an excuse to kill a lot of people.

[–] [email protected] 30 points 1 month ago (1 children)

My belief is that inflation benefits trump personally since it devalues the mortgage debt on his real estate holdings, while increasing the nominal value of those properties.

[–] [email protected] 16 points 1 month ago* (last edited 1 month ago) (3 children)

It's all about that sweet sweet crypto.

And bankrupting the US.

The guy that put Vance in the white house, musks buddy, PayPal mafia alumn, dark-right libertarian tech bro, Peter Thiel, is betting on btc hitting 4 million (but the dollar needs to collapse - as planned)

Lots of movement from red states and R Congress critter toward btc these days, too. Surely coincidental.

I posted a lot of links to his own words, goals, and plans, and to reports about his doings.

https://lemmy.ca/comment/13364820

He's probably the most powerful person most people have never heard of.

Oh, and another thing people don't like to hear: the bilderberg are real, and he's one of the guys who does the invitations and decides which topics are discussed.

https://www.bilderbergmeetings.org/background/steering-committee/steering-committee

https://en.wikipedia.org/wiki/Category:Members_of_the_Steering_Committee_of_the_Bilderberg_Group

https://www.inverse.com/article/25317-peter-thiel-bilderberg-group-donald-trump-new-world-order-conspiracy

load more comments (3 replies)
[–] WoodScientist 63 points 1 month ago

The German corporate elite thought they could control the last guy as well...

[–] Maggoty 63 points 1 month ago* (last edited 1 month ago) (1 children)

Didn't he literally campaign on these tariffs?

Where were these titans of industry in October?

Link

Yup. This is not a new thing. If these guys had lined up to say this at a microphone during the campaign it could have had an impact. But no, they thought they could just control him after the fact. After having seen how uncontrollable he was during his first term. This is what happens when you equate wealth with intelligence. You get dumbasses who think they're playing 5d chess.

load more comments (1 replies)
[–] [email protected] 59 points 1 month ago (4 children)

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

load more comments (4 replies)
[–] Absaroka 57 points 1 month ago (9 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.

[–] [email protected] 50 points 1 month ago (3 children)

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.

load more comments (3 replies)
[–] [email protected] 27 points 1 month ago

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

[–] bitjunkie 19 points 1 month ago

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

[–] [email protected] 18 points 1 month 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.

load more comments (5 replies)
[–] Furbag 53 points 1 month ago (4 children)

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.

[–] ameancow 21 points 1 month ago* (last edited 1 month ago) (1 children)

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.

load more comments (1 replies)
[–] [email protected] 17 points 1 month ago

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

load more comments (2 replies)
[–] FlyingSquid 51 points 1 month ago (1 children)

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

[–] Diplomjodler3 36 points 1 month ago (2 children)

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

load more comments (2 replies)
[–] fluxion 46 points 1 month ago

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

[–] [email protected] 44 points 1 month ago (5 children)

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.

load more comments (5 replies)
[–] rayyy 42 points 1 month ago (3 children)

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

load more comments (3 replies)
[–] RagingRobot 42 points 1 month ago* (last edited 1 month ago) (5 children)

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

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

load more comments (5 replies)
[–] [email protected] 38 points 1 month ago (9 children)

Well shit. I hoped it was just bluster, but if he's serious it makes a lot of sense.

The 0.1% gain wealth whenever economies crash. He is obviously going to try to crash the world economy so fat cats can buy assets for pennies on the dollar, including entire developing nations. Then the fed prints a gazillion dollars and bails it all out.

Greedy pigs get fatter, the rest of us get leaner.

[–] [email protected] 27 points 1 month ago (2 children)

I hoped it was just bluster

You understand he was president before, right? And that he did this before? Like, he's a totally known quantity, and he's going back to where he was in 2019.

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

this dude killed 300,000 americans and people are somehow surprised that he's unbothered by the prospect of killing untold vast swaths of people now that it's been demonstrated that he will never be held accountable for his actions

load more comments (1 replies)
load more comments (8 replies)
[–] [email protected] 36 points 1 month ago

"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.

[–] [email protected] 33 points 1 month 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?"

[–] [email protected] 31 points 1 month ago (3 children)

Just increase taxes on the wealthy...

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

load more comments (3 replies)
[–] [email protected] 30 points 1 month ago

unilateral

authoritarian*

FTFY

[–] [email protected] 24 points 1 month 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.

[–] werefreeatlast 23 points 1 month ago (2 children)

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.

load more comments (2 replies)
[–] PugJesus 19 points 1 month ago

Leopards, faces, etc.

[–] [email protected] 17 points 1 month ago (1 children)
[–] Wogi 23 points 1 month ago (6 children)

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

load more comments (6 replies)
load more comments
view more: next ›