American businesses call Trump's tariff war economically unfeasible - FT.

According to the Financial Times, American companies plan to reduce the impact of the tariffs imposed by U.S. President Donald Trump on the country's economy.

Company leaders stated that they are afraid to criticize the president's decisions, as they might face backlash from the White House. 'We don't want to be the dog barking at others, because we will be the ones they respond to,' emphasized one leader of an American company.

Another source of information wants to try to explain to Trump and his team the scale of the consequences of the trade war in a personal conversation. The goal is to demonstrate that such a policy will harm the president himself through increased prices and job losses for his voters.

There is also the opinion that 'soft' lobbying should be used through Trump’s 'smart advisors,' including Treasury Secretary Scott Bossert.

Meanwhile, some companies are discussing the possibility of relocating production to the U.S. and revising their business strategies. However, some doubt whether it is worth taking this step, as it is unclear how long Trump will support his current policies. They also hope to convince the White House to soften some of the tariff measures.

On April 2, Trump imposed tariffs ranging from 10% to 50% on goods from 185 countries, causing a decline in the American stock market to levels not seen since 2020, with its total capitalization falling by $2.7 trillion. This stirred concerns about the possibility of a recession. A Financial Times informant stated that many businesses had anticipated such a scenario and its impact on profits, but their calculations were incorrect as the White House's methodology significantly differed from expectations.