Big Take

What CEOs Want From Trump

31 snips
Dec 6, 2024
Nancy Cook, a Bloomberg reporter specializing in business and politics, discusses the mixed feelings CEOs have about Donald Trump's potential return to the White House. Executives are excited about tax cuts but anxious over trade tariffs, especially with China and the EU. Cook reveals how Trump enjoys one-on-one negotiations with business leaders, shedding light on their lobbying strategies. The conversation also covers the importance of maintaining global competitiveness while balancing corporate needs with government revenue.
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INSIGHT

CEO Sentiment on Trump's Return

  • CEOs are excited about Trump's return, anticipating positive economic impact.
  • However, uncertainty about his specific policies causes some concern.
INSIGHT

CEO Priorities

  • CEOs are less anxious about tax outcomes under a Republican-controlled Congress.
  • Trade and international economic relations are their bigger concerns.
ANECDOTE

Trump's Approach to CEOs

  • Trump prefers one-on-one dealings with CEOs, rather than through lobbying groups.
  • This contrasts with Biden, whose administration lacked close ties with business leaders.
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