The trade policies of President Trump are facing increasing criticism from top business leaders and senior Republicans, with many experts predicting a wave of dissent against the escalating trade war. Scott Galloway, a prominent New York University business professor and commentator, has suggested that high-profile figures will soon speak out against Trump’s tariffs, citing the destabilizing impact on the economy.
In a recent episode of the “Pivot” podcast with co-host Kara Swisher, Galloway remarked that he believes the “worm has turned” and that we can expect to see influential business leaders and Republicans publicly denounce Trump’s trade policies in the coming weeks. He criticized the president’s approach to tariffs as erratic and aggressive, noting that Trump seems to be picking fights with everyone simultaneously.
The White House has pushed back against Galloway’s comments, emphasizing the positive impact of Trump’s economic agenda on the business community. However, Galloway remains critical of the administration’s strategy, warning of the potential consequences of creating widespread uncertainty and backlash with haphazard tariff policies.
Galloway also highlighted the reputational damage that Trump’s rhetoric and policies are causing, both economically and morally, on a global scale. He expressed hope that public opinion and business leaders will mobilize against what he views as harmful and anti-American policies.
Ultimately, Galloway urged CEOs to take a stand against Trump’s trade war, citing Nike as an example of a brand that could wield its influence to push back against what he described as “anti-American” actions. Despite the challenges posed by Trump’s policies, Galloway ended on a note of cautious optimism, suggesting that the tide may be turning against the administration’s controversial trade tactics.
As the debate over trade policies continues to unfold, it remains to be seen how business leaders and Republicans will navigate the complex economic landscape shaped by Trump’s tariffs. The impact of these policies on the economy and global relations will undoubtedly be closely watched in the weeks and months ahead.