With mounting evidence of impending economic catastrophe, we are fielding more and more calls from CEOs every day wondering where is the BRT in this moment of crisis, hoping that the BRT will lead collective action against Trump’s tariff excesses more aggressively. Surely, its absence cannot be explained by the lack of evidence that tariffs are hurting American companies.
Here is a roundup of how virtually every sector has been hurt by Trump’s tariffs so far:
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As such, instead of ushering in his promised “golden age,” Trump is steering the American economy straight off the cliff into recession as his tariffs wreak havoc across every sector of the economy through idiosyncratic tariff tantrums. As CEOs express increasing alarm, their bewilderment at how the BRT could possibly be missing in action at this moment of crisis is growing, with collective action the only effective remedy.
Jeffrey Sonnenfeld is the Lester Crown Professor in Management Practice and Senior Associate Dean at Yale School of Management. He has informally advised five U.S. presidents across political parties and is president of the Chief Executive Leadership Institute. Steven Tian is the director of research at the Yale Chief Executive Leadership Institute and formerly an analyst at Rockefeller Capital Management. Stephen Henriques is a senior research fellow at the Yale Chief Executive Leadership Institute and a former McKinsey & Co. consultant.
The opinions expressed in Fortune.com commentary pieces are solely the views of their authors and do not necessarily reflect the opinions and beliefs of Fortune.
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