- In today’s Director -General Daily: Jeff Kolvin about the paralysis set when the game rules continue to change.
- A great story: Trump can give automakers a break on tariffs.
- Markets: Moves up.
- Analyst notes From the Oxford Economy by Mass Deportation, JPMORGAN at recession, Sess on stagflation and wedbush on Apple.
- Plus: All news and watercolors -fly talked with Wealth.
Good morning. General Directors have long been told Wealth What if they know the rules they can play to win, but they can’t do it when the rules continue to change. So what should they do on earth now?
The story cannot tell us. The last six days of rapid tariffs in the US history are unprecedented. It is already difficult to believe: last Wednesday, President Trump introduced the heaviest tariffs that the United States has led since 1909, but only after 12 hours he “stopped” on them, leaving a universal tariff for 10%, except for China, which faced a 145%tariff. Then, at the end of Friday, the administration announced that it lowers Chinese mega-thaiff, at least for smartphones (including Apple iPhones), computers and other electronic equipment made in China. But in two days it seems that these products will be subjected to higher, uncertain tariff. Trump published: “Nobody leaves the hook.”
As of yesterday, Trump considered the possibility of being released from imported vehicles and spare parts. Tomorrow the sky knows.
Business leaders are desperate to make significant answers to this environment, but how? The educational environment changes deeply every day. According to the KPMG supply chain leader Mary Rolman: “Almost every client I talk to has a military room. They force the team to spin and the members have completely abandoned work.
This position is reasonable but also a big problem. Every day, when companies are frozen on the spot, the economy weakens. This is especially true because the adaptation to a radically new trade regime will be a long -term project. “These are not short-term solutions,” says both Ashkenazi, CEO of the Supply Chain Management Association. “You can’t redirect the entire supply chain for six months. It’s years in creating.” But companies still can’t even start this project.
Another problem: the administration rapidly loses its authority with business executives. The longer the trend is, the more likely the companies will respond to the new environment slowly and timidly. As a result, economic growth can slow down by establishing the self -restraint of the spiral.
Essentially, companies play in defense, not resentment, and it’s hard to win. Reasonably, that’s all they can do. Maybe the best advice for business executives now? Keep track carefully, do little. The time will come for action.
More news below.
Contact the CEO via Diane Brady daily at diane.brady@fortune.com
Originally this story was presented on Fortune.com
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2025-04-15 08:48:00
Geoff Colvin
