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Corporate America fears wrath of Trump as it mulls tariffs response

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Corporate America fears wrath of Trump as it mulls tariffs response - Financial Times

Quick Summary:

But corporate advisers said there remained too many questions over US policy for companies to be able to commit to large-scale adjustments.“I think they will stop short of making major supply chain moves because this is not even the beginning of the end,” said Kristin Bohl, a customs specialist at PwC US.“It’s not even the end of the beginning.

Corporate leaders are unsure of how far to go in re-engineering their businesses in response to Wednesday’s tariffs, amid doubts over how long Trump will stick to his current course and hope that they can lobby him to ease some of the policies.

Shale producers hope the current market turbulence is a temporary situation so they can deliver on the president’s agenda to unleash American energy dominance,” said Hamm, who is also executive chair of industry group Domestic Energy Producers Alliance.


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Article Details

Author / Journalist: Claire Bushey

Category: MarketsFinanceInvesting

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-04-05 @ 12:13:05 (1 days ago)

News Timezone: GMT -5:00

News Source URL: ft.com

Language: English

Article Length: 932 words

Reading Time: 6 minutes read

Sentences: 27 lines

Sentence Length: 35 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Financial Times

News ID: 27600992

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About Financial Times

Financial Times Logo

Main Topics: MarketsFinanceInvesting

Official Website: ft.com

Update Frequency: 5 posts per day

Year Established: 1888

Headquarters: United States

News Last Updated: 11 hours ago

Coverage Areas: United States

Ownership: Independent Company

Publication Timezone: GMT -5:00

Content Availability: Worldwide

News Language: English

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API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #3

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