President Trump has doubled down on using tariffs to stop American companies from foreign production. And it seems like it’s getting so severe that it’s foreign companies that are getting the advantage.
When Trump was getting inaugurated for his second term, there was a noticeable shift in business people’s reactions. Whereas in the first term they were openly critical of him for using his platform to champion things like an insurrection, the business community wanted to ensure they were in his good graces this time around. The tech business community was openly supporting him by contributing to his inauguration and even attending it. Well, the other shoe has dropped, and things are not looking good for them.
