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Corporate America’s Trash-Talking Tariff
Temper Tantrum

Original Article

Posted By: RockyTCB, 4/28/2025 9:19:01 AM

Once upon a time, your correspondent was summoned to a New York war room to help develop the announcement of AOL’s acquisition of Time Warner. His immediate response: “Why!? These guys (TW execs) are the sharpest knives in the business!” Two years later, the combined company announced a record $54-billion write-down of “goodwill” — which the Oxford Dictionary defines as “the established reputation of a business regarded as a quantifiable asset.” Credible operational explanations exist for this catastrophic drop of value. But to this commentator, the prime reason was an anonymous media campaign by those C-suite assassins

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Reply 1 - Posted by: DVC 4/28/2025 9:24:58 AM (No. 1941524)
Too many "American companies" have turned themselves into the marketing arm of Chinese factories, and they LIKE it. Moving from making things in China to making them here would be inconvenient, so they whine. And they do not care in the slightest about employing Americans and helping the American economy. Only their own, personal bank accounts.
11 people like this.

Reply 2 - Posted by: bpl40 4/28/2025 9:49:40 AM (No. 1941553)
Decoupling with China has become an existential necessity, The current scheme of things is unsustainable. PDT is the only leader who has the courage to enunciate that loudly and then actually act on it. This is the simple fact that we should , without fear or favor throw in the face of all nay sayers.
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Reply 3 - Posted by: J. Arthur Brown 4/28/2025 9:55:05 AM (No. 1941556)
This is a fine article but I&I itself was trashing Trump's tariffs only a few days ago. "The worm has turned."
5 people like this.

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