"US financial elites once did not believe that Trump would launch a trade war and provided funding for his campaign in pursuit of privileges" - Financial Times
Wall Street business tycoons did not take Trump's remarks seriously when he spoke of completely transforming US economic policies and reversing decades of globalization progress.
Just over eight weeks after Trump delivered a speech in Miami (when Wall Street magnates had pledged allegiance to the president's policy direction), the situation has undergone dramatic changes.
"We didn't think he would really do it. We thought the people in the government who understood economics would tell him that implementing global tariffs was a bad idea."
Now, corporate executives are speaking with extreme caution in public, realizing that any sharp comments may provoke a reaction from the White House.
Source: https://www.toutiao.com/article/1829508779625865/
Disclaimer: The article solely represents the author's personal views.