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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[–] WhatsHerBucket@lemmy.world 347 points 1 week ago (7 children)

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

[–] atzanteol@sh.itjust.works 116 points 6 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@lemmy.world 40 points 6 days 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.

[–] Aceticon@lemmy.dbzer0.com 33 points 6 days ago

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

[–] kent_eh@lemmy.ca 10 points 6 days ago

You ever talk to c-level execs? Many of them simply aren't smart

A large percentage of them are the embodiment of the Peter principle

[–] anomnom@sh.itjust.works 5 points 6 days ago

A-Students work for B-Students in companies owned by C-Students, which are financed by D-Students, while the hedge funds owned by the sociopathic F-Students short sell the whole thing to make sure they have enough spare cash to buy a new library wing at Harvard, so their F-Student-kids get in.

[–] can@sh.itjust.works 68 points 6 days ago

CEOs aren't the brightest.

[–] finder585@lemmy.world 40 points 6 days 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@lemmy.world 24 points 6 days 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.

[–] tburkhol@lemmy.world 15 points 6 days ago

Remember that Trump lies about everything, often in both directions. Everyone knows this, including his supporters. That gives his supporters the mental freedom to make up whateverthefuck policy positions they like and find proof that they are Trump's real plan.

Donald Trump is the human version of a Bible. If you're a Believer, god says he will implement your Desire. If you're a Heretic, god says he will destroy the world. All with the same words.

[–] Croquette@sh.itjust.works 11 points 6 days ago

Because they thought it would only happen to others and they'd be fine. Guess the leopard with a rooster hat is coming to roar and eat faces.

[–] tired_n_bored@lemmy.world 5 points 6 days ago

But... But... Genderless bathrooms! /s

[–] Chozo@fedia.io 171 points 1 week ago

Maybe the leopards started with the eyes.