Why it's too soon for corporates to toast Trump's 'pro-business' policies

Since becoming president, Trump has overseen significant deregulation in several industries, and his signature economic initiative is a major tax cut focused on businesses

The moguls of global business, who met recently in Davos for the World Economic Forum, may not like Donald Trump’s style. But, if a series of reports by The New York Times and other outlets are to be believed, Trump’s pro-business policies are making it easier for them to forgive his foibles.

Klaus Schwab, the head of the forum, put it this way as he introduced President Trump before his Jan. 26 speech: “On behalf of the business leaders here in this room,