Big Law Is Split on Trump’s Attacks: Push Back or Lay Low?

大型律所对特朗普的抨击意见不一:是反击还是低调处理?

WSJ What’s News

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2025-03-25

13 分钟
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P.M. Edition for Mar. 24. As President Trump ramps up his attacks on the legal industry, law firms are split on how to respond. WSJ national legal-affairs reporter Erin Mulvaney discusses the implications for the industry. Plus, Trump recalibrates his plans for tariffs on goods from particular sectors and says he might soften reciprocal tariffs on some nations, though the back-and-forth is hard on U.S. small businesses. Senior special writer Ruth Simon joins to talk about how small businesses are responding. And shares in Tesla, a longtime stock-market highflier, are down more than 30% this year. Reporter Hannah Erin Lang explains why. Alex Ossola hosts. Sign up for the WSJ's free What's News newsletter. Learn more about your ad choices. Visit megaphone.fm/adchoices
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  • Markets welcome President Trump's plan to limit his new tariffs,

  • but the back and forth is making life harder for small businesses.

  • Even some companies that manufacture in the US Are feeling some softness

  • because their customers are uncertain and they're not investing as much.

  • And why some investors have soured on Tesla ALEX It's Monday, March 24th.

  • I'm Alex Osila for the Wall Street Journal.

  • This is the PM edition of what's news,

  • the top headlines and business stories that move the world today.

  • First, the latest on President Trump's tariffs.

  • Trump told reporters in the Oval Office today that he might soften reciprocal tariffs on some US Trading partners,

  • while others might be exempt.

  • Earlier at a Cabinet meeting,

  • Trump said the US Will announce tariffs on automobiles soon and pharmaceuticals at some point without offering further details.

  • His comments came a few hours after Trump said the US would impose a 25% tariff on any country that buys oil or gas from Venezuela.

  • Sending oil futures higher US Stocks were up today as investors welcomed Trump's latest pivot on tariffs.

  • Major US Indexes all ended the day higher.

  • The dow rose about 1.4%, the S&P 500 was up roughly 1.8%, and the Nasdaq climbed about 2.3%.

  • Well, the market may be into Trump's latest lighter touch approach to tariffs,

  • but the back and forth is tough on small businesses.

  • According to a survey conducted by vistage worldwide,