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.”

  • rhombus@sh.itjust.works
    3·
    2 days ago

    Probably both. He promised tax cuts for the wealthy, and they thought he’d be easily manipulated like last time. Unfortunately for the rich his Russian handlers want the economy destroyed and they’re the only ones he’s beholden to.