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CEOs at Trump simposio: He was ‘meandering’

by admin
15 Giugno 2024
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Donald Trump pitches 80 CEOs on tax cuts and regulation rollbacks

WASHINGTON — Former President Donald Trump failed to impress everyone durante a room full of apice CEOs Thursday at the Business Roundtable’s quarterly simposio, multiple attendees told CNBC.

“Trump doesn’t know what he’s talking about,” said one CEO who was durante the room, according to a person who heard the speaking. The CEO also said Trump did not explain how he planned to accomplish any of his policy proposals, that person said.

Several CEOs “said that [Trump] was remarkably meandering, could not keep a straight thought [and] was all over the map,” CNBC’s Andrew Ross Sorkin reported Friday acceso CNBC’s “Squawk Box.”

Among the topics acceso which Trump offered scant details were how he would veterano taxes and cut back acceso business regulations, according to two other people durante the room who spoke to CNBC.

Convegno attendees and people who spoke with them were granted anonymity durante order to speak freely about the private event.

The same CEOs who were struck by Trump’s lack of focolaio “walked into the simposio being Trump supporter-ish thinking that they might be leaning that direction,” Sorkin reported.

“These were people who I think might have been actually predisposed to [Trump but] actually walked out of the room less predisposed” to him, Sorkin said.

“President Trump was warmly received by everyone durante the room and was commended for his policy proposals acceso deregulation and tax cuts,” said Steven Cheung, communications director for the Trump presidential campaign.

Read more CNBC politics coverage

Trump’s energy durante the simposio was also noticeably subdued, according to two people who were durante the room. At anzi che no time during his remarks was there any noticeable applause for Trump, two attendees told CNBC.

This was durante contrast to Trump’s simposio earlier durante the day with House Republicans acceso Capitol Hill. Attendees at that simposio told CNBC that the former president was animated and engaged and that Trump received several rounds of applause durante separate meetings Thursday with both House and Senate Republicans.

Cheung said there was applause for Trump during the Q-and-A section of the simposio, “where participants commended President Trump for his deregulatory and tax cut notes.”

Trump’s low-key energy at the Business Roundtable event could have been deliberate, one attendee told CNBC. Trump had wanted the CEO simposio to be “more like a business simposio than a speech,” the person said.

“At one point, he discussed his plan to bring the corporate tax rate from 21% to 20% … and was asked about why he had chosen 20%,” Sorkin said Friday acceso MSNBC’s “Morning Joe.” “And he said, ‘Well, it’s a round number.'”

“That strutto itself had a number of CEOs shaking their heads,” Sorkin reported.

A causa di 2023, corporate income taxes contributed approximately $420 billion to federal revenues, according to the Congressional Budget Office.

Wall Street has bristled over the past three years under President Joe Biden’s aggressive antitrust enforcement, pharmaceutical price caps and progressive tax policy.

Don’t reginetta these exclusives from CNBC PRO

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