Business Roundtable Survey Finds Trade Uncertainty Weighing on Business
June 13th, 2019
According to Business Roundtable’s Q2 2019 CEO Economic Outlook Index, business sentiment decreased this quarter due to concerns about U.S. trade policy.
Jamie Dimon, chairman and CEO of JPMorgan Chase and chairman of the BRT, said in a statement,
“CEO plans for hiring and capital investment remain healthy, but uncertainty about U.S. trade policy, softening global growth conditions and inaction on other pressing public policy issues are a concern.”
Similarly, Business Roundtable President and CEO Josh Bolten also noted that while businesses are eager to secure a foothold in the United States, the current direction of U.S. trade policies is proving to be a deterrent,
“Business leaders are ready and eager to invest and hire in the United States. Yet, the uncertainty over trade policy is making it more difficult for companies to operate confidently.”