One thing people didn't pay attention to is that one of the few issues Trump has been consistent on for decades is strong protectionism.https://twitter.com/blakehounshell/status/811769281339912192 …
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You're assuming the "business elite" is indivisible. Some would benefit from protectionism, some not.
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They think he won't act on his words. They're betting they've co-opted him entirely.
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I think it's a case of personal gain (tax breaks!) outweighing business concerns.
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Congress is ready, willing, and able to deliver tax cuts. Protectism? I doubt it.
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Biz elite I think will find they have fairly little traction w/ Rump, and esp with Bannon. Tectonic shifts coming, biz unprepared.
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Really. Look at N.C. IBM just tweeted out their deep disappointment over HB2. Do you think the GOP cares? I don't. Not any more.
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This person has assembled a cabinet of people who can sponsor an entire new "GOP". They don't care.
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Import tariffs on China ==> Prices at Wal-Mart go way up. Are Trump supporters ready for that?
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Best case scenario, protectionism restores some job security for white WC in western world. 3rd world slide back into destitution.
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is it even legal to impose tariffs via executive order?
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