CEOs Are Already Feeling Trump Fatigue
Business leaders expected an economic boom but got tariffs instead. Plus: The market for reptile pets is booming.
The Red Hook Container Terminal in New York on May 1.
Photographer: Anthony Behar/Sipa USA/AP Photo
Many of the chief executive officers who supported Donald Trump in the presidential election are losing their enthusiasm. In Remarks for the upcoming issue of Bloomberg Businessweek, Wes Kosova writes about the cost of the trade war so far. Plus: Selling exotic reptiles is a lucrative business. If this email was forwarded to you, click here to sign up.
In April, as businesses across the US were starting to feel the weight of Donald Trump’s sudden, steep tariffs, the Federal Reserve Bank of Dallas asked Texas manufacturers to describe how things were going for their companies. The executives reported that factory activity had continued to rise and production showed modest growth. But the future was looking scary.