The President of the United States, Donald Trump, is scheduled to meet on Tuesday with key business executives amid uncertainty over tariffs and market volatility due to fears of a recession. The meeting with the Business Roundtable in Washington will feature CEOs from across the country, including leaders of financial entities from Wall Street, according to sources close to the matter. Both the Business Roundtable and the White House declined to comment on the issue.
Trump's victory in the presidential election initially generated widespread optimism among leaders in the financial industry. However, recently markets have shown less certainty due to Trump's policies, particularly regarding the implemented tariffs and growing concerns about a potential economic slowdown. Trump mentioned last week the possibility of an "adjustment period" as the tariffs come into effect.
The president of Cisco Systems Inc., Chuck Robbins, who also chairs the Business Roundtable, the CEO of JPMorgan Chase & Co., Jamie Dimon, and the CEO of Citigroup Inc., Jane Fraser, are some of the leaders of financial entities that are part of the Business Roundtable board and are expected to meet with Donald Trump.
