Key Points
- The leaders of corporate America think the tariff policies announced by President Donald Trump on Wednesday went too far and will hurt the U.S. economy, according to Altimeter Capital CEO Brad Gerstner.
- “I talked to probably 10 CEOs who are all in the Business Roundtable — these are CEOs of the largest companies in America — overnight, and [they all] think this is a huge mistake,” said Gerstner.
- Gerstner did not specify who exactly he spoke to, but the members of the Business Roundtable include the CEOs of the biggest companies from multiple industries, including firms such as Apple, Bank of America, Boeing and FedEx.
