The pain of doing business under Trump
Open the White House viewing newsletter for free
Your Guide to What is the US 2024 Choice for Washington and the World
A little, one by one, they started to go out.
After the market days, the billionaires of America finally did something this week that Donald Trump had several best leaders with Donalis.
Trump cleaning tariffs, they said “a huge mistake of foolishness, which was born” from stupidity “that can cause” economic nuclear winter “and in some cases “Bullshit”A number
Talk about the shift of the outfit. All US companies have shown that the market has been on the agenda of the fine.
It is difficult to say whether it will change after its tariff reserve, but it is clear how difficult it is to deal with the administration to eliminate the normal rules of business involvement.
To start, there is a simple mess.
Last week, I spoke to the head of the Public Affairs Council in Washington, Nneka Chizccori, from some of the largest companies of the non-partisan association of public issues.
He was just returning from the meeting of some of his members in Brussels, which was spiced on issues such as: “Can we say” green “?” “It simply came to our notice then.” “It would be good if we participated [New York] Climate week ‘.
“People fight how to show respect for the US administration” when the commitments of the customers and other stakeholders were honored.
That struggle is more difficult when you see how pregnant, companies can be one-sided means that they do not take with Trump’s administration.
“Everyone seems fully hypocritical and directed,” said Alyson Taylor, a professor at the University of New York. A higher base. How business can do the right job in an alarming worldA number of “it has something to do that they say that they look completely incomprehensible, which I don’t think it’s super smart.”
Then there is a financial risk.
Number of buyers visiting target stores decreased in nine weeks, as the retailer created a boycott of the customer for January statement by indicating It was taken back from the diversity initiatives, which he had proposed for a long time, and showed plus.
In contrast, Footfall has grown to Costco, which has fought the shareholder’s proposal to undermine its diversity and include initiatives.
The ratio, of course, does not have a reason. Many other factors can explain the difference.
The rating of the target’s trust and probability, the main way of reputation, dropped four years at a low level of four years, reckons Market intelligence. But the caliber surveys this is based on the show, it continues the trend of the decline, which began years before the diversity of the target.
Also, caliper research 10 large Americans, including the target, Walmart and Apple, have a maximum of more or less changes in the last quarter of their trust units, regardless of whether they have decreased or protected.
But the employee’s trust is another matter.
Let’s consider hundreds of partners in the world’s largest legal enterprises who have signed letter Condemning the targeting of administration’s enterprises that opposes.
Imagine how they feel when some of their enterprises are then disguised by capturing millions Dollars for bono service for the reasons confirmed by the administration. A step that appears to surprise even the president.
Companies say: “Where do I sign where do I sign?” Trumpet amazed Last month at the White House. “No one can believe it.”
Perhaps history assumes that companies are rarely in the vanguard of political resistance, regardless of how high stakes.
Dutch journalist David de Jong says he did his 2022 books during the study Nazi billionairesHe met with large manufacturers or Nazi Germany, who oppose Nazi Germany. Robert Bosh, the corresponding engineering and technology group founder and steel magnate Fritz Thyssen.
Charles Hecker’s 2024 book Zero money Another lesson offers about foreign companies that have been doing business in more and more authoritarian Russia.
One teller example, high-ranking European executive reveals that the corporate headquarters of these firms “will keep their fingers” about Moscow illegitimate In 2014, the Crimean Annex, at the same time urging their Russian offices to promote sales next year.
The United States has not not Russia since 2014, albeit 1930s in Germany.
All the same, any American company that bends on the administration is rare to bring its opponents to its heels, followed by a familiar path.
English