Insiders: Trump will meet with business tycoons on Tuesday
ChainCatcher news, as industry leaders are striving to cope with the uncertainty of widespread tariffs and the market plunge triggered by concerns over economic recession, U.S. President Trump plans to meet with business executives on Tuesday.
According to informed sources, Trump's meeting with the Washington "Business Roundtable" will include CEOs from across the country, including heads of Wall Street financial giants. Trump's early victory had sparked optimism among banking leaders, but as tariff policies took effect and concerns about economic slowdown intensified, doubts about his policy path have deepened in the market.
Last week, Trump stated that there might be an "adjustment period" after the tariffs take effect. The current chair of the Business Roundtable is Cisco Systems CEO Chuck Robbins, and board members include heavyweight figures from the financial sector such as JPMorgan CEO Jamie Dimon and Citigroup CEO Jane Fraser.