A group of top CEOs from the technology and financial sectors is set to visit U.S. President Donald Trump’s Mar-a-Lago estate on Monday in an attempt to “bring him to reason” over the sweeping tariffs announced last Wednesday, CNBC reported, citing sources.
The move comes one day after more than 1,200 protests were held nationwide, marking the largest wave of demonstrations against Trump’s policies since his second term began on January 20. U.S. networks, including NBC, have started covering the significant losses experienced by American retirees who invested in the stock market, following a massive sell-off triggered by the announcement of the tariffs.
The visit to Mar-a-Lago by corporate America’s leadership underscores escalating domestic opposition to the global trade war launched by the president, which has already begun to severely impact the U.S. economy. The stock market plunge has caused significant losses, affecting a wide range of Americans, from CEOs and tech executives to retirees.
NBC: Retirees Express Concern Over Market Losses
Americans nearing retirement, as well as those recently retired, have voiced growing concerns after two days of market turmoil, which resulted in significant damage to their retirement savings, according to an NBC report.
Some retirees said they were reconsidering home renovation plans, while others feared that their quality of life would suffer due to the economic uncertainty.
“I’m shocked, and with so much money in the market, we have to hope we have enough time to recover,” said Paula, 68, a former healthcare professional from New Jersey who retired three years ago.
Mass Protests Against Trump as 1,200 Demonstrations Erupt Nationwide
Thousands gathered in Washington, D.C., and across the U.S. on Saturday for around 1,200 protests, marking the largest demonstrations against President Trump since he returned to office on January 20, Reuters reported. Organizers stated that over 20,000 people were expected at a rally at the National Mall.
The protests provided opponents of Trump an opportunity to express their displeasure with his executive orders, particularly the new tariffs. Around 150 activist groups participated, with protests scheduled in all 50 states as well as in Canada and Mexico.
Terry Klein, a retired biomedical scientist from Princeton, New Jersey, was among the protesters at the Washington Monument. He explained that he was there to protest Trump’s policies on “everything from immigration and DOGE to tariffs this week and education. I mean, the entire country is under attack, all our institutions, everything that makes America what it is.”
The crowd continued to gather throughout the day, with many waving Ukrainian flags and Palestinian scarves, while others held signs reading slogans like “Hands Off Social Security” and “Fascism Is Here.” Some also displayed U.S. flags upside down—a historic symbol of political protest.
“It’s extremely disturbing to see everything happening to our institutions and the system of checks and balances being completely overturned at every level, from the environment to individual rights,” said Jane Ellen Saums, 66, a real estate worker from Fairfax, near Washington, D.C.
“I feel like there’s already been a coup or a takeover by thugs who don’t care about the people,” said Elisa Parker, a 78-year-old retired lawyer, adding, “Republicans in Congress can stop this.”
In addition to large groups of retirees, particularly from the public sector, the rally in Washington attracted many young people and parents with their children.
“Democracy isn’t for sale,” read one sign held by a young father accompanied by his young son.
