Trump makes bold new move as approval rating hit by growing fears of tariff recession
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President Donald Trump will meet with the CEOs of America’s biggest companies at the White House on Tuesday.
Many of the companies have seen their market value dip in recent days amid recession and inflation fears.
The president is expected to speak with around 100 CEOs from companies including Apple, JPMorgan Chase and Walmart.
Trump’s economic policies so far have centered on a blitz of tariff announcements and markets dropped on Monday.
Trump to meet with top CEOs amid market meltdown
President Trump will host 100 CEOs at the White House today for a regular roundtable
It comes amid growing feats over inflation and a potential recession.
Trump has imposed an additional 20 percent tariff on Chinese goods entering the United States, as well as 25 percent tariffs on imports from Canada and Mexico.
He suspended most of the duties on U.S. neighbors until April 2, when he plans to unveil a global regime of reciprocal tariffs on all trading partners.
Trump last month said the policies could cause ‘short-term, some little pain’ before delivering long-run benefits.
In a Fox News interview aired over the weekend, he declined to predict whether his economic policies would cause a recession.
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