- cross-posted to:
- [email protected]
- cross-posted to:
- [email protected]
Summary
Despite initial support from business leaders, many are expressing concerns about the economic outlook under Trump’s second term.
Executives from Ford, GM, ON Semiconductor, Point72, and Citadel have voiced frustration over the uncertainty created by Trump’s tariff policies, particularly their unpredictable implementation and exemptions.
Auto industry leaders warn that 25% tariffs on Canada and Mexico would devastate U.S. manufacturing. Other concerns include reduced immigration affecting labor force growth and DOGE’s federal workforce cuts.
The White House dismisses the concerns and defends Trump’s policies as "pro-growth.”
The tax cuts were made permanent.
People with money don’t have to pretend to care anymore.
They will be, but they haven’t been made permanent yet.