In a surprise appearance at ABC News’ daily editorial meeting Thursday, Walt Disney Company CEO Bob Iger sounded the alarm on President Donald Trump’s “Liberation Day” tariffs, TheWrap has learned. The executive expressed concern about the impact an impending trade war may have on not just his company, but the American economy at large.
Iger, according to first reporting from Oliver Darcy’s Status newsletter, emphasized that relocating overseas manufacturing to the U.S. “speedily” is impossible, and also indicated that most people “don’t really understand how tariffs work.” Anonymous staffers who were present at the meeting told Darcy that the latter comment appeared to be his push for ABC News to connect the dots for readers and viewers.