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Trump's Tariffs Shock Business Leaders, Market Plummets

4/16/2025

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Summary

Story summary

Business leaders who once championed President Trump's policies are reeling from his unexpected "Liberation Day" tariffs, which triggered a significant stock market drop. Political commentator Matthew Yglesias warns that Trump's unpredictable actions, like dismissing national security officials and slashing essential programs, should prompt center-right supporters to rethink their allegiance.

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Story summary

Business leaders who once championed President Trump's policies are reeling from his unexpected "Liberation Day" tariffs, which triggered a significant stock market drop. Political commentator Matthew Yglesias warns that Trump's unpredictable actions, like dismissing national security officials and slashing essential programs, should prompt center-right supporters to rethink their allegiance.