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] 53 points 6 days 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.

[–] [email protected] 21 points 6 days ago* (last edited 6 days 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.

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[–] [email protected] 17 points 6 days 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] 57 points 6 days 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 6 days ago (1 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.

[–] [email protected] 9 points 6 days ago (2 children)

Yeah, but the alternative was voting for a woman, so...

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[–] [email protected] 27 points 6 days ago

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

[–] [email protected] 19 points 6 days 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 6 days 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.

[–] [email protected] 13 points 6 days 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.

[–] [email protected] 8 points 6 days ago

South Korea values education. The Republican party has been destroying the public education system for decades.

So south Korea does not have as many braindead people as we have here

[–] [email protected] 8 points 6 days ago

This is the whole issue. Republicans, a cult, can only exist in pretend political party form because they have convinced their base that literally--literally--anything that has a big ol REPUBLICAN label slapped on it is the highest moral good.

They see children getting murdered in cold blood in schools and take the side of the guns. I should probably repeat that four or five times with varying emphasis.

Trump could bomb an orphanage, brag about it, and within a week Fox Lies & Propaganda would be running stories about how the orphanage made a mistake on its taxes that was falsely flagged as fraud, and how orphans might become criminals.

It won't undo the current disaster, but the real path back is probably more like talking to one person who's trumpy but still somehow you kind of like anyway, with a tone of...come on now. Are we serious with this? You see this for what it is, right? You gotta put a stop to this, it can't go on. Or just plain old Lakoff advice about getting your racist grandpa to tell you a story at thanksgiving of a time he helped somebody. This is one step in restoring his brain to its unpoisoned-by-conservatism state.

You gotta attack the foundation of fascism and conservatism, which science seems to think you do with empathy.

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[–] [email protected] 36 points 6 days 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] 44 points 6 days 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 6 days ago* (last edited 6 days ago) (1 children)

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

[–] [email protected] 6 points 6 days 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] 33 points 6 days 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] 30 points 6 days ago

unilateral

authoritarian*

FTFY

[–] [email protected] 31 points 6 days ago (3 children)

Just increase taxes on the wealthy...

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

[–] [email protected] 15 points 6 days ago

Working as intended.

[–] [email protected] 14 points 6 days 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.

[–] [email protected] 7 points 6 days ago

You've got my vote. (I'm not actually allowed to vote in the US election)

[–] [email protected] 16 points 6 days ago (2 children)

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

[–] [email protected] 13 points 6 days 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.

[–] [email protected] 7 points 6 days ago

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

[–] [email protected] 19 points 6 days ago

Leopards, faces, etc.

[–] [email protected] 23 points 6 days 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] 15 points 6 days 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] 15 points 6 days ago

This is literally the most predictable outcome.

[–] [email protected] 17 points 6 days ago (1 children)
[–] [email protected] 23 points 6 days ago (3 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

[–] [email protected] 7 points 6 days ago (3 children)

I'm just going to point out that the working class had the chance to vote against this and didn't.

The average age of an empire is 250 years, the US is 249 years old. The only solution to this might require a "significant restructuring"....

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[–] [email protected] 7 points 5 days ago

Have they tried calling the CEO crises hotline?

[–] [email protected] 10 points 6 days 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] 9 points 6 days ago
[–] [email protected] 12 points 6 days ago (3 children)

Man... Side with Trump, side with CEOs. This is one of those "Can't both teams lose" situations. Ha

[–] [email protected] 11 points 6 days ago

Oh no! The leopards are eating faces! Who could have foreseen this?

[–] [email protected] 10 points 6 days ago

Let's see, he could not impose tarrifs and make everyone happy that he's not going to burn down the economy OR he could impose tariffs, shut down taxes on the ultra-wealthy and embezzel/stock trade his ass back to billionaire with cash on hand.

he DGAF what anyone wants unless they're going to make him significantly richer.

[–] [email protected] 8 points 6 days ago

I'm always scratching my head while also panicking

[–] [email protected] 10 points 6 days ago

Either Putin paid him more than the Corpos, or he owes Putin too much to turn around on it.

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