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Investing.com -- US President Donald Trump is planning a meeting with leading business executives on Tuesday, Bloomberg News reported Monday afternoon. The meeting comes at a time when industry leaders are dealing with uncertainty about broad tariffs and a market selloff sparked by fears of a recession.
The Washington-based Business Roundtable will host the meeting, which is expected to include chief executives from across the country. Among the attendees will be heads of Wall Street’s major lending institutions, according to individuals knowledgeable about the matter.
When contacted, representatives for the Business Roundtable and the White House chose not to comment on the upcoming meeting. The discussion between President Trump and the top executives is expected to focus on the current economic climate, including the impact of tariffs and the potential for a market downturn.
The S&P 500 is down 5% year-to-date and down 9% from the highs.
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