观点美国

Donald Trump’s world of uncertainty
企业应对特朗普的“战略不确定性”保持观望

The president’s modus operandi makes long-term planning futile
FT社评:特朗普的行事方式令任何长期规划都容易陷入徒劳。只有当政策回归稳定,美国manbetx20客户端下载 才能回归最佳活力状态。

To prosper, businesses need to take calculated risks. Relocations, hiring decisions and product launches are based, in part, on boardrooms making calls on how economic trends will play out. Yet, in Donald Trump’s America, it is difficult to have any conviction on where the economy will be next month, let alone next year. References to “uncertainty” and “tariffs” have dominated US companies’ earnings calls this season. Executives cannot commit to decisions when the range of outcomes stemming from the US president’s global trade war remains so vast. Numerous businesses including Ford, American Airlines and Mattel have even decided to curb guidance on their sales and profits.

要蓬勃发展,企业需要承担经过计算的风险。搬迁、招聘决策和产品发布在一定程度上取决于董事会对manbetx20客户端下载 趋势的判断。然而,在唐纳德•特朗普(Donald Trump)治下的美国,很难对下个月的manbetx20客户端下载 走势作出任何判断,更不用说明年了。美国公司本季度的财报电话会议频频提及“不确定性”和“关税”。当美国总统发起的manbetx app苹果 贸易战造成的冲击范围仍然如此之大时,企业高管们无法做出坚定决策。包括福特、美国航空和美泰在内的众多公司甚至决定撤回对销售和利润的业绩指引。

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