GE’s Immelt Talks Up Global Ties as Trump Pivots Away From Trade
- CEO says countries ‘shouldn’t alienate’ partners around world
- Company sees benefits from president’s tax, regulatory goals
GE's Immelt: We Don’t Think Walls Are Good Ideas
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Jeffrey Immelt has spent his career riding the great wave of globalization. Now, he warns, the time of unbridled trade is over.
It’s not merely the rise of President Donald Trump, said Immelt, the long-time head of General Electric Co. A confluence of forces, both economic and political, have chipped away at the postwar order, presenting new challenges -- and opportunities -- for big business around the world.