President Donald Trump has said he deserves an "A+" for his handling of the pandemic, while Corporate America refutes this idea, saying he deserves a failing grade, CNN reported Tuesday.

In accordance with a poll by the Yale School of Management, 55 percent of CEOs and other business leaders give Trump an "F" for his administration's response to the COVID-19 pandemic, with another 12 percent giving him a "D."

A majority of CEOs prefer a new president in the White House despite a promise of four more years of low taxes and light regulations, CNN said.

A stunning 77 percent of business leaders polled by Yale say they would vote for Joe Biden over Trump in the November election, even though Biden proposed to hike tax rates on both corporations and the high-income households.

"CEOs are not in the business of divisiveness. Their jobs are easier if they don't have a divided nation, workforce and customers," Jeffrey Sonnenfeld, senior associate dean for leadership studies at Yale, told CNN Business.

On the other hand, CNN said business leaders are more concerned about the less business-friendly aspects of the Trump era: trade wars and a pandemic that plunged the United States into an unprecedented disaster.

Eighty-four percent of business leaders surveyed by Yale say the Trump administration's response to the crisis has hurt, not helped, their businesses, according to CNN.

"We not only failed early on in the ability to be prepared in our supply chain and diagnostic capabilities," David Shulkin, Trump's first secretary of Veterans Affairs told CNN, "but our bigger failure is the consistency of message and confusion we're creating among the public."

(Cover: Reuters)