Everyone Is Terrified': Business Leaders and Republicans Mum on Tariffs as Markets Crater
Briefly

President Trump has introduced extensive tariffs on imports, prompting significant drops in global markets due to fears of rising prices and potential retaliatory tariffs. While the administration defends the move as necessary for long-term economic health, analysts predict a 60% chance of recession. A culture of fear prevents public criticism from business leaders and Republicans; many believe that being critical risks their ability to influence policy. Concerns about a lack of transparency in decision-making processes exacerbate frustrations among industry stakeholders.
There is zero incentive for any company or brand to be remotely critical of this administration... It destroys your ability to work with the White House and advance your policies, period.
I think a lot of business leaders are very frustrated that the process of getting here was opaque... they're not dealing with situations with more nuance.
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