As the Trump campaign struggles
In an open letter released by the Trump Organization, business leaders including PayPal and Palantir founder, Peter Thiel, former CEO of Dollar General and Reebok, David Perdue, co-managing partner of SkyBridge Capital, Anthony Scaramucci, and hedge funder Carl Icahn, focused on Trump’s plan to impose higher tariffs on Mexico and China, and to lift restrictions on oil and gas.
“The Trump economic plan is comprehensive and far-reaching,” the executives wrote in a letter that made no mention of the candidate’s comments. “It cuts taxes, stops trade cheating, reduces regulations, unleashes America’s powerful energy sector and eliminates our growth-draining trade deficit.
Democratic presidential nominee Hillary Clinton however, has “thrown in the towel on the idea of strong economic growth,” according to the letter.
“In what would be effectively a “third Obama term,” she will raise taxes, continue to increase the already oppressive regulatory burden on both consumers and businesses, stifle efforts to make our nation energy independent and negotiate more bad trade deals that ship our jobs and factories offshore,” the business leaders wrote.
Notably, one of Trump’s biggest donors, Renaissance Technologies co-founder Robert Mercer, did not sign the letter. A few other prominent billionaire Trump supporters are also missing, including Colony Capital’s Tom Barrack, Cerebus Capital Management’s Stephen Feinberg, and BP Capital’s T. Boone Pickens.
More recently, Thiel, reportedly donated $1.25 million to Trump’s struggling campaign.
The letter comes after at least five women have come forward accusing Trump of kissing, or touching them sexually without consent. Those accusations were made after the Washington Post released a video in which Trump bragged about groping women.
Trump apologized for the video, calling it “locker-room talk,” and has denied the accusations of sexual assault.
Here is the letter in its entirety below: