Are CEOs ‘buying influence’ with Trump by giving lavish gifts and flattery?
MSNBC·2025-08-10 21:31

Economic Impact of Tariffs and Policies - Las Vegas tourism is down roughly 11%, signaling a potential wider economic slowdown [5][6] - International spending in the US tourism market is expected to fall by $125 billion this year [6] - Auto industry has already absorbed some of the costs of tariffs, taking multi-billion dollar hits to their profitability [3] - Companies are absorbing a portion of the tariff costs for now, but price increases may eventually hit consumers [4] Trade and Geopolitical Implications - Changes in trade and geopolitical policies are alienating other countries, leading to fewer tourists visiting the US [7][8] - Tariffs are not directly levied on individuals, but are alienating countries like Canada, Europe, Japan, and South Korea [7] Corporate Influence and Ethical Concerns - Some corporate CEOs are lavishing praise and gifts on President Trump in exchange for friendlier policies [9] - Companies that have coddled the president, offered gifts, or invested in his enterprises seem to be benefiting [10] - Apple was exempted from tariffs on semiconductors for promising to manufacture more goods in the US [11] - Concerns exist regarding ethical and legal implications of buying influence with Trump [12]