Trump meets Corporate America as economic fears nip stocks

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WASHINGTON: US President Donald Trump will meet with the CEO of the largest US companies on Tuesday, many whose market value has diminished in recent times as recession and inflation are feared that consumers and investors have suffered feelings.

It is expected that Republican President will talk to about 100 CEOs at a regular business round table meeting in Washington, leading to large US companies from Apple to JP Morgan Chase and Walmart. Trump met with technology company executives in the White House on Monday.

Trump’s economic policies are still based on tariff announcements – some of which have influenced and others have later delayed or kicked – which they have said will correct unbalanced trade relations, bring back jobs and prevent illegal drug flow from abroad.

Markets have been attracted to the possibility that policies can increase business prices, increase inflation, and damage consumers’ confidence in blowing economic growth.

US stocks launched Monday after Trump’s elections in November last year and 4.5 percent of underwater underwater water elections for the year. Meanwhile, a survey by US households shows that consumers are more frustrated about their possibilities.

Trump has imposed a 20 % additional tax on Chinese goods entering the United States, as well as 25 % taxes on imports from Canada and Mexico, although he suspended most of the duties on US neighbors till April 2, when they intend to unveil all commercial partners.

Trump said last month last month that these policies could cause “short -term, little pain” before providing long -term benefits. In a Fox News interview broadcast on the weekend, he refused to predict whether his economic policies would lead to recession.

White House spokesman Kosh Desi rejected negative talks about Outlook, saying, “Industry leaders have responded to President Trump’s first economic agenda’s prices, irregularities, and trillions of investment promises to eliminate US energy.”

Until recently, investors have been cheerful that the Republican president’s policies will be moving towards more growth, for example through lower taxes, or reduce inflation pressure, for example reducing the rules on fossil fuel production.

But tax deductions need Congress approval. And some economists see plans to increase the deportation of non -documentary immigrants in the labor market, while reducing the federal manpower can increase unemployment.

“I think that if we are all becoming more nationalist – and I’m not saying that it’s a bad thing, you know, it resonates with me – that will increase inflation.”

Economists from the Goldman Sex Group have reduced their predictions for 2025 US growth and have increased their inflation, “both at the back of more negative tariffs.” Petition is positive for the year. The bank’s CEO, David Suleiman, is a business round table member.

Last week, the Business Advocacy Group called for the Trump tax deductions and moved forward with regulatory reforms in the fields of energy, infrastructure and manufacturing, wide alignment with the Trump administration.

But the group also emphasized that “the negotiators should try to double the efforts to move forward, which rapidly remove the recently implemented prices. These prices, especially if they are lasting, have the risk of creating a serious economic impact.” Signed.