Andrew Ross Sorkin

Maybe the courts get involved and say that the president doesn't have the powers to enact these tariffs to begin with. And if that's the case, why should I be investing in manufacturing in America if they're not going to be these tariffs in six months or even two years or three years or five years from now?

Maybe the courts get involved and say that the president doesn't have the powers to enact these tariffs to begin with. And if that's the case, why should I be investing in manufacturing in America if they're not going to be these tariffs in six months or even two years or three years or five years from now?

You use the word mess. In the business community, they call this uncertainty. Uncertainty is the enemy of business. It's the enemy of investment. Nobody invests into an uncertain market, into an uncertain situation. And so you as a CEO need to make a bet.

You use the word mess. In the business community, they call this uncertainty. Uncertainty is the enemy of business. It's the enemy of investment. Nobody invests into an uncertain market, into an uncertain situation. And so you as a CEO need to make a bet.

If you think that there are tariffs here and that's a politically popular position, even after a Trump administration, you might bring manufacturing back to the U.S. solely to avoid the tariffs.

If you think that there are tariffs here and that's a politically popular position, even after a Trump administration, you might bring manufacturing back to the U.S. solely to avoid the tariffs.

If you don't, and the pain of moving is high, you may try to play this out and see what happens.

If you don't, and the pain of moving is high, you may try to play this out and see what happens.

Because from a negotiating position, and the president talks about this in his book, The Art of the Deal, this is what they describe as anchoring. It's called an anchoring technique. which is to say that you state your position and you hold your position. And the moment you break from that position, it becomes a lot harder. And so you're 100 percent right.

Because from a negotiating position, and the president talks about this in his book, The Art of the Deal, this is what they describe as anchoring. It's called an anchoring technique. which is to say that you state your position and you hold your position. And the moment you break from that position, it becomes a lot harder. And so you're 100 percent right.

The second that they start announcing that they are taking a pause or that they're willing to do a deal at a lesser number or whatever it is.

The second that they start announcing that they are taking a pause or that they're willing to do a deal at a lesser number or whatever it is.

They've undermined their own case. The business community has a phrase that they've been using all weekend, which is what is the off ramp, which suggests that there is one and there might not be an off ramp.

They've undermined their own case. The business community has a phrase that they've been using all weekend, which is what is the off ramp, which suggests that there is one and there might not be an off ramp.

Look at the list of CEOs who are either shelling out big money or meeting with Trump in person or both. We're talking about CEOs from TikTok, Google, Apple, Netflix.

Look at the list of CEOs who are either shelling out big money or meeting with Trump in person or both. We're talking about CEOs from TikTok, Google, Apple, Netflix.

This, to me, is the beginning of the movie that we've all been waiting to see and wonder how the drama plays out, which is to say that we've all seen Elon Musk around the table with President-elect Trump.

This, to me, is the beginning of the movie that we've all been waiting to see and wonder how the drama plays out, which is to say that we've all seen Elon Musk around the table with President-elect Trump.

But we haven't really known. In fact, I think a lot of people have been skeptical about just how much power he may or may not have. Well, he used it, and we saw it.

But we haven't really known. In fact, I think a lot of people have been skeptical about just how much power he may or may not have. Well, he used it, and we saw it.