Billionaire Ken Griffin Says Trump's Tariffs Have Made the U.S. "20% Poorer." Here's What You Can Do to Prevent Further Wealth Erosion.
Billionaire Ken Griffin is a major supporter of President Donald Trump and donated $100 million last year to conservative groups. However, Griffin isn't a fan of all the president's policies. He recently told Semafor's Gina Chon at the World Economy Summit that Trump's tariffs have made the U.S. "20% poorer in four weeks." Griffin has stated in the past that no brand compares to U.S. Treasuries. However, he believes the White House has "put that brand at risk." The hedge fund manager added, "It can be a lifetime to repair the damage that has been done." Image source: Getty Images.Continue reading
Billionaire Ken Griffin is a major supporter of President Donald Trump and donated $100 million last year to conservative groups. However, Griffin isn't a fan of all the president's policies.
He recently told Semafor's Gina Chon at the World Economy Summit that Trump's tariffs have made the U.S. "20% poorer in four weeks." Griffin has stated in the past that no brand compares to U.S. Treasuries. However, he believes the White House has "put that brand at risk." The hedge fund manager added, "It can be a lifetime to repair the damage that has been done."
Image source: Getty Images.
