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Fortune
Fortune
Phil Wahba

Here’s why the CEOs of major retailers like Walmart, Gap and Target are sounding so calm about Trump’s tariff standoff

As President Donald Trump's tariff policies strike fear in the hearts of business leaders across the U.S., a handful of major retail CEOs are sounding relatively calm about the whole ordeal.  

Last month, Trump threatened to impose across-the-board levies on Mexico, Canada and China. Although those North American partners have received two reprieves, the on-again-off-again policymaking is spooking the markets, especially after the president refused to rule out the possibility of those policies creating a recession later this year. 

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