Morning Agenda: Trump Bites Back Against C.E.O.s Who Rebuked Him
The Times takes a look at one American manufacturer — Big Ass Fans (yes,
that is its real name) — and notes how its business relies on global trade, including motors imported from Mexico and sales to Canada and Mexico.
Some business leaders and critics of Mr. Trump have argued
that the advisory forums are not accomplishing much, but others involved in the panels argue that they can still have impact by remaining involved.
If you say nothing, if you say something, if you don’t say enough, you get in trouble.”
• Jeffrey A. Sonnenfeld of the Yale School of Management, speaking of the Merck chief executive Kenneth C. Frazier, who resigned
from a council on Monday: “Frazier did not wait for the Business Roundtable or a shareholder referendum to prompt his actions.
“As we watched the events and the response from President Trump over the weekend, we too felt
that he missed a critical opportunity to help bring our country together by unequivocally rejecting the appalling actions of white supremacists,” Douglas McMillon, the Walmart chief executive, wrote in a letter to employees.