U.S. CEOs Warn of Dire Consequences from Tariffs and Job Cuts
Leading CEOs, including Marc Morial of the National Urban League and Steve Odland from the Conference Board, are raising alarms over potential job losses due to federal job cuts and increased tariffs. They stress that these factors could lead to a recession, stagflation, and chaos in supply chains. Their concern is rooted in the fragile state of the economy, where small changes can result in significant impacts. Businesses and policymakers must heed these warnings to avert widespread negative consequences.