Corporate America Condemns Trump Move to Halt Stimulus Talks

Retailers, airlines see end of discussions imperiling jobs
‘Businesses are still really struggling,’ Levi CEO says

Watch: President Donald Trump has ended talks on a new stimulus package, announcing on Twitter that he’s putting negotiations on hold until after the election. (Source: Bloomberg)

Provide news feedback or report an error

Confidential tip?

Send a tip to our reporters

Site feedback:

Take our Survey

By Jonathan Roeder, Jordyn Holman, and Mary Schlangenstein

October 6, 2020 at 6:13 PM EDT

This article is for subscribers only.

Business leaders across America expressed dismay after President Donald Trump announced that his team will halt stimulus talks until after next month’s election, with executives from the retail and air-travel industries saying more jobs will be lost if the economy doesn’t get immediate aid.

“This is very unfortunate. The economy is not something that can be put on hold until a time that might be more convenient,” Steve Lamar, the head of the American Apparel & Footwear Association, said in a statement to Bloomberg News. “People are suffering today.”