Top US business leaders, including those at JPMorgan Chase and Pfizer, privately lamented President Donald Trump’s economic policies, which they say are harming the American economy. A report by The Wall Street Journal revealed that executives who attended a private summit organized by Yale University’s business school were “universal revulsion” against Trump’s economic policies.
Despite attending a public Q&A session with Trump later that day, where they lobbed softballs, the executives refused to confront him about their concerns. In fact, many said they wouldn’t publicly question Trump until the stock market fell 20-30%. This fear of retaliation from Trump and his constituents is making it difficult for them to make long-term investments.
Some tech CEOs did raise concerns about tariffs in a closed-door meeting with Trump on Monday. However, they believe airing their concerns publicly would only lead to more trade wars. Instead, they prefer to express their dissatisfaction privately to avoid becoming targets of Trump’s criticism.
Source: https://www.thedailybeast.com/top-ceos-share-universal-revulsion-to-trumpbut-smile-to-his-face