this post was submitted on 16 Dec 2024
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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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[–] [email protected] 6 points 16 hours ago

Have they tried calling the CEO crises hotline?

[–] [email protected] 3 points 16 hours ago

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

[–] [email protected] 34 points 1 day 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.

[–] Furbag 52 points 1 day 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 18 points 1 day ago* (last edited 1 day 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.

[–] Anti_Iridium 3 points 1 day ago

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.

[–] [email protected] 16 points 1 day ago

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

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[–] [email protected] 16 points 1 day ago (2 children)

Can someone explain why no one takes Trump at his word?

[–] Anti_Iridium 13 points 1 day ago

From what I understand, is that his supporters know he lies, but they believe he is telling the truth about X, which is whatever his supporters think is the most important.

[–] Yewb 7 points 1 day ago

He is the embodiment of all of thier wishes they hear whatever they want when he speaks.

[–] Doorbook 3 points 22 hours 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.

[–] cultsuperstar 15 points 1 day ago

What are they expecting, exactly? Even Musk was saying a day before the election that Trump was going to tank the economy. I'm sure Trump will just say "things are going to get worse before they get better, but believe you me when they get better, you're all going to be filthy rich!" The typical Trump supporter will assume he's talking to them, but he'll only be talking to those who are already filthy rich.

[–] [email protected] 33 points 1 day 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] 44 points 1 day ago (4 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.

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

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

[–] captainlezbian 6 points 1 day ago

Honestly yeah they still see him as corrupt and able to be bought. He is except where he isn't. He can be bribed like a 5 year old can, he'll take the money and like you more because of it, but his whims will always come first

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[–] [email protected] 30 points 1 day ago

unilateral

authoritarian*

FTFY

[–] PugJesus 19 points 1 day ago

Leopards, faces, etc.

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

Just increase taxes on the wealthy...

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

[–] [email protected] 14 points 1 day 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 15 points 1 day ago

Working as intended.

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[–] Absaroka 56 points 1 day ago (8 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 day 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.

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[–] [email protected] 27 points 1 day ago

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

[–] bitjunkie 19 points 1 day ago

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

[–] Snapz 13 points 1 day ago (1 children)

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.

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

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[–] kmartburrito 9 points 1 day ago
[–] Frostbeard 10 points 1 day ago (1 children)

Whats going to happen is what happened last time. Trump proposes tariffs on products from [industry]. Business leaders from said [industry] bends knee, kisses ring and ass, donates cash, and tariffs never materializes.

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[–] [email protected] 15 points 1 day ago

This is literally the most predictable outcome.

[–] WhatsHerBucket 344 points 2 days ago (8 children)

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

[–] [email protected] 115 points 2 days 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 39 points 1 day 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] 32 points 1 day ago

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

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[–] [email protected] 170 points 2 days ago

Maybe the leopards started with the eyes.

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[–] rayyy 42 points 1 day ago (3 children)

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

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[–] FlyingSquid 51 points 1 day ago (1 children)

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

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

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

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[–] [email protected] 172 points 2 days ago (18 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.

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[–] RememberTheApollo_ 119 points 2 days ago (3 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.

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[–] [email protected] 59 points 2 days ago (4 children)

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

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[–] werefreeatlast 23 points 1 day 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.

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

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[–] [email protected] 8 points 1 day ago

I'm always scratching my head while also panicking

[–] [email protected] 72 points 2 days 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?

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