In a closed-door meeting, over 100 top business leaders, including CEOs from Fortune 500 companies, have unanimously voiced their concerns about the economic impact of President Donald Trump‘s policies.

CEOs Raise Concerns Over Tariffs, Economic Fallout

The CEOs have expressed their apprehensions about the short-term gains and long-term consequences of Trump’s policies at the 155th Yale Chief Executive Leadership Institute's CEO forum.

The CEOs, irrespective of their political affiliations or industry sectors, are worried about the erosion of the U.S. economic system, Fortune reported.

They are especially worried about how the erosion of national security at critical agencies such as the FBI, CIA, and Pentagon could affect the United States' global standing.

Two-thirds of the CEOs surveyed stated that U.S. tariffs have negatively affected their businesses. They estimate that 80% of the tariffs have been shared equally between domestic firms and U.S. consumers, with the remainder shouldered by foreign counterparts.

To offset these costs, CEOs ...