Trump goes to war with corporate America

[DonViejo]

The president’s widening trade war is pushing longtime GOP allies to the front lines of a fight against the Trump administration.

By BEN WHITE and MEGAN CASSELLA 07/03/2018 05:07 AM EDT

President Donald Trump is now at full-scale war over trade policy with some of the Republican Party’s staunchest allies in big business, including executives at iconic American brands such as General Motors and Harley-Davidson who previously shied away from criticizing an often irascible president.

Trump’s approach has created a high-stakes showdown without recent political precedent: A Republican president betting that his populist approach to trade will thrill his working-class base and blow away any short-term economic fallout or reduced political support from the nation’s largest business organizations. His message to corporate America so far: I don’t care what you say, my base is with me.

On the other side, corporate titans and market analysts fear Trump is on the cusp of damaging the American economy — and that he will not recognize the failure of his approach until it’s too late.

“With every successive firecracker that Trump sets off, we see corporate leaders and groups emboldened and ready to go on the public stage to take him on,” said Nancy Koehn, a business historian at Harvard. “This isn’t the natural order of history that large business groups oppose a Republican president. Trump has a from-the-gut sense that his base will be with him come hell or high water. But it’s a very big bet with no certainty of success.”

The latest salvo in Trump vs. Big Business came Monday when the U.S. Chamber of Commerce, long a stalwart backer of Republican economic policies, broke sharply with the president. “The administration is threatening to undermine the economic progress it worked so hard to achieve,” Chamber President Tom Donohue said in announcing a campaign to oppose Trump’s tariffs. “We should seek free and fair trade, but this is just not the way to do it.”

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https://www.politico.com/story/2018/07/03/trump-war-corporate-america-harley-davidson-666926

[Raster]

1. "...corporate titans and market analysts fear Trump is on the cusp of damaging the American economy

...--and that he will not recognize the failure of his approach until it’s too late."

ON THE CUSP??? Wake the fuck up, corporate America. IT IS HAPPENING! NOW! Trump* has no fucking clue what he is doing. His main motivation is saying and doing things that will incite his "base." That's it. He's not playing multi-dimensional chess, fuck, he's not even playing checkers.

[CentralMass]

2. The GOP and the "power brokers" who put this malignant narccist in power are going to let him take

this country to it knees. The Mercers and Koch's who help put trump and his minions into power and are evil complicit sons of bitches.
tRump is decimating the poor, the environment, the economy, our reputation and bonds with our allies, and the moral fiber of this country.

Shame on the media and both parties for standing for it. This Democrats are far too silent. We need some PAC's to come up with some TV spots to show the damage that he is doing.

[Bleacher Creature]

3. You break it, you buy it. NT

[Maven]

4. Headlines like these play right into Trump's hands.

Of course, it's Politico, so what can you expect.