Team Trump may be operating under the assumption that they'll never leave power, but that doesn't mean businesses do.
Most won't do investments with a decades-long horizon, such as building new factories, when they expect a chaotic environment, with probably illegal perks that could be reversed.
1/ I'm sure someone has already pointed this out, but one additional thing about the tariffs being done unilaterally by the president: They can be (and almost certainly will be) reversed by the next Democratic president.
Apr 5, 2025 15:48