The takeaway should be that to do business in the US, you have to bribe Trump. He’s not really made a secret over the fact that he’s running the country like a protection racket. Tim Cook gave $1 million to the Trump inauguration fund (that we’re aware of) and Apple gets an exemption. Boeing did the same and got a fighter plane program. Small and medium businesses that can’t afford bribes and import things from China? Screwed.
It’s not good for the big businesses either though, that’s why their stocks are still down. Because the need to pay bribes is a cost to them and will eventually sink the whole economy.
The takeaway should be that to do business in the US, you have to bribe Trump. He’s not really made a secret over the fact that he’s running the country like a protection racket. Tim Cook gave $1 million to the Trump inauguration fund (that we’re aware of) and Apple gets an exemption. Boeing did the same and got a fighter plane program. Small and medium businesses that can’t afford bribes and import things from China? Screwed.
It’s not good for the big businesses either though, that’s why their stocks are still down. Because the need to pay bribes is a cost to them and will eventually sink the whole economy.