Corporate America just figured out that President Donald Trump's all-Republican Washington may not be so good for business after all.
This week's trigger was the president's sympathy for participants in the "Unite the Right" rally that triggered deadly violence in Charlottesville, Virginia. For business leaders serving customers across America and the world, Trump's failure to unequivocally condemn an event involving white supremacists and neo-Nazis made the cost of associating with him unacceptably high.
Yet, that represented just the latest flashing red signal, even as investors and executives hope the White House and Congress can deliver a profit-enhancing combination of tax cuts and deregulation. The warnings come from three different directions.