In today’s fast-changing landscape, CEOs are finding it increasingly difficult to adapt. The rules of the game keep changing, leaving them with limited options. President Trump’s recent tariffs on automakers have added to this uncertainty, with exemptions being granted one day and then revoked the next.
History can’t provide answers, as the past six days of tariff changes are unprecedented in US history. This has left business leaders struggling to make significant responses. Many are setting up “war rooms” to monitor developments, but few are making major changes.
The administration’s credibility with business leaders is rapidly eroding, and companies are responding slowly and timidly. This defensive stance will lead to slower economic growth, creating a self-reinforcing downward spiral.
Analysts from Oxford Economics, JPMorgan, EY, and Wedbush have weighed in on the impact of mass deportations, recession, stagflation, and the current state of Apple’s smartphone market.
As the situation continues to unfold, business leaders are being advised to watch closely but take little action. The time for decisive change will come, but until then, companies must tread carefully in this uncertain environment.
Source: https://finance.yahoo.com/news/paralysis-trade-war-almost-every-084830984.html