The article discusses the significant rise in economic policy uncertainty in the U.S. following the onset of the second Trump administration. A series of abrupt economic policy changes, including spending freezes and fluctuating tariffs, have left business leaders perplexed and anxious. As measures of uncertainty reach levels typically associated with recessions, executives express frustration over the unpredictability of government actions. This chaos disrupts planning and strategy, raising concerns over potential costs and consequences for their businesses.
So far what we're seeing is a lot of costs and a lot of chaos, Jim Farley, the chief executive of Ford Motor, told investors at a conference in New York this week.
It's like your head is spinning with what's coming down you just never know, said Chad Coulter, founder and chief executive of Biscuit Belly, a chain of breakfast restaurants based in Louisville, Ky.
Collection
[
|
...
]