Robert Thompson, a close ally of Robert Murdoch and CEO of News News in the media, said that the initial “turmoil” of Donald Trump's time in the White House is certainly calming in the coming months.
Speaking at the Morgan Stanley Technology Conference, Media and Communications, Thompson said that boats in the first weeks of Trump's second state had been revealed at an unbearable pace. He referred to the negative reaction on Monday to the president's pledge to start the definitions that were previously suspended against Canada and Mexico, describing it as verifying the president's rush.
Tomson said that “customs tariff disorders” and other sources “uncertainty” are not what President Mao used to naming a “permanent revolution”. “This is not a permanent revolution.”
Instead, the definitions are “transactions” measures, the logical Exec, and “there is a certain way of madness. If this is the case, within six to nine months, for our business and for any work that works in the states or for any global company that is considering investing, the scenario will be somewhat different from” the current company.
The media portfolio of news Corp includes Wall Street MagazineThe recent opening articles challenged Trump, describing the customs tariff plan a step towards “the most commercial war in history”. The news perpetrator also clashed with Trump Counselor Elon Musk after publishing the investigation articles about his leadership of Tesla and other companies, as well as his supervision of the Ministry of Government efficiency.
Other parts of the Murdoch Media Empire, especially Fox News at Sister Entity Fox Corp. , Supports Trump. Over the course of a contract from Trump appeared as a prominent figure in the presidential policy, Murdoch's relationship was significantly fluctuating, but recently fell in a general workplace. Tomson himself, during a quarterly profit call with Wall Street analysts last month, praised the Trump elections to raise the “waking yoke” from American companies.
Thompson expected at the Morgan Stanley event that Corporaate America is able to get out of the storm.
“If you go and want to disrupt, you will do it at the front end,” he said. “Then we hope, and it is clear that the goal is to change in terms of trade, in reducing the spending of federal bureaucracy, etc. For this reason, Dog has a limited timetable. But we are in the midst of early turbulent disorders.
With Trump is sensitive to stock market data and inflation data in consumer prices, “these two things are the same as a natural discipline,” said Thompson. “But there is no doubt that in the end he wants to look at him as a successful president. A successful president heads more than four years of chaos is not a successful president. Therefore, I will try to develop the context of the turmoil in which we find ourselves. I am from the most optimistic school, it can prove a mistake.”
