- cross-posted to:
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- 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.”
this is faux outrage. they dont really care as when the crash hits, they can continue buying up everything at a reduced price.
this is theater to appease rednecks
A few will be able to buy up corporate assets from the many who end up being forced to sell low.
They all believe they’ll be the few.