Donald Trump’s tariff plans are causing a stir among business leaders, with many scrambling to mitigate potential economic fallout. Companies and lobbyists are urging exemptions from proposed tariffs targeting imports from Canada, Mexico, China, and other nations. Executives seeking to influence Donald Trump’s tariff plans are encountering setbacks as the president-elect acts independently, giving advisers little input on his decisions. His team has indicated to corporate consultants that he is resolute in implementing his proposed tariffs. Economists warn these policies could disrupt supply chains and increase consumer costs.
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00:00It's Benzinga bringing Wall Street to Main Street.
00:02Donald Trump's tariff plans are causing a stir among business leaders, with many scrambling
00:07to mitigate potential economic fallout.
00:09Companies and lobbyists are urging exemptions from proposed tariff targeting imports from
00:14Canada, Mexico, China, and other nations.
00:17Executives seeking to influence Donald Trump's tariff plans are encountering setbacks as
00:21the president-elect acts independently, giving advisers little input on his decisions.
00:27His team has indicated to corporate consultants that he is resolute in implementing his proposed
00:32tariffs.
00:34Economists warn these policies could disrupt supply chains and increase consumer costs.