More Trump Tariffs Are Coming But CEOs Insist They Are Prepared

Nov. 6, 2024, 8:00 PM UTC

The alarm from economists has been clear for months: Brace yourself. If he delivers on his campaign promises for an aggressive package of new US tariffs, they’ve warned, a re-elected Donald Trump will set the stage for a historic period of turmoil in the global economy.

And yet there’s a reason CEOs, bankers, investors and even Trump advisers have largely shrugged off warnings about the damage a 10%-to-20% universal tariff and even higher import duties on China would do, or the resurgence in US inflation they might bring.

From the incoming president’s own track record, many see evidence Trump is ...

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