Business Leaders Finally Get Clarity on Tariffs

Politico: “A half-dozen leaders from financial firms, corporations and trade groups said in interviews that the series of tariff rates Trump unveiled Thursday night were steeper than they had expected, and they worry that the dizzying kaleidoscope of policies he’s applying to different countries will complicate global commerce. The economy is already showing cracks, with the job market slowing and stocks tumbling Friday.”

“Many business leaders fear that this week’s worrying economic numbers are only the beginning of a more sustained downturn.”