Ken Griffin says Trump’s trade war has devolved into a ‘nonsensical place’

Quick Summary:

Citadel founder Ken Griffin warned that the US is putting its brand "at risk” and said that Trump’s tariffs could be counterproductive.

The S&P 500 tumbled 10% this year through Tuesday, though it rallied Wednesday after Trump said he didn’t plan to fire Fed Chair Jay Powell.

The president’s harsher-than-expected global tariffs, some of which he paused, have rattled various market sectors, as have his comments threatening the Federal Reserve’s independence.

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Article Details

Author / Journalist: Siddharth Philip, Bloomberg

Category: EconomyBusiness

Markets: United States

Topics: Tariffs and trade Ken Griffin Donald Trump

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-04-24 @ 08:06:34 (11 hours ago)

News Timezone: GMT +8:00

News Source URL: fortune.com

Language: English

Article Length: 281 words

Reading Time: 2 minutes read

Sentences: 4 lines

Sentence Length: 71 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Fortune

News ID: 28186241

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Main Topics: EconomyBusiness

Official Website: fortune.com

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Year Established: 1929

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News Last Updated: 8 hours ago

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