There, the exchange was largely cordial and executives didn’t ask the president any pointed questions about his tariff strategy, according to people familiar with the event.Some business leaders have cited the need for a stable approach to policy but stopped short of criticizing the administration.

As major indexes slide and investors worry, the president abandons his longtime claim that Wall Street performance is the only economic metric that matters, and digs in on import tariffs most businesses oppose.

The remarks are scheduled amid an ongoing market sell-off that experts say is fueled in large part by Trump's tariffs and resulting economic uncertainty.