Good morning. I was chatting (about tariffs, of course) with the CEO of a major multinational company on Wednesday when the news broke that President Trump had decided to halt reciprocal tariffs on America’s trading partners for 90 days (resetting back to a universal 10% on non-retaliating countries), while raising tariffs on China to 125%. This CEO has staff on the ground in China. His reaction: “My head is spinning right now.”
The same could be said for investors, who raced back into the stock market, having stomped out earlier in the week. Companies big and small are feeling the impact of Trump’s policies, with leaders trying to set long-term strategies in an environment that’s anything but predictable.
I’d love to hear from you about how you think the trade war and other policies are likely to play out. How is this impacting your business? And what are you doing to protect yourself? Just email me at the address below and let me know if you’re comfortable being quoted or would like your name withheld.
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Contact CEO Daily via Diane Brady at diane.brady@fortune.com
