CEOs Urge Trump to Reconsider Tariff Plans
Business leaders across various industries are pressing President-elect Donald Trump to reconsider his proposed tariffs on imports from major trading partners such as China, Canada, and Mexico. These executives fear that the tariffs, aimed at protecting domestic industries, could backfire by triggering trade wars, disrupting global supply chains, and driving up costs for consumers.
The tariffs, which Trump has positioned as a cornerstone of his economic policy, are intended to bolster American manufacturing by discouraging reliance on foreign goods. However, CEOs argue that such measures could lead to retaliatory actions from trading partners, undermining U.S. export markets and escalating tensions with key allies.