US companies are struggling to figure out how to respond to Donald Trump’s trade war, concerned about the impact of the president’s tariffs on the economy but wary of speaking out for fear of retaliation by the White House, according to executives and board members.
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.
Complicating matters is a climate of fear created by the White House’s recent targeting of law firms including Paul Weiss.
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