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Ken Griffin Blasts Trump's Tariffs as Citadel Halves Growth Outlook

He warned that trade barriers have dented business confidence.

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Trump said the US will "have a fair deal with China."
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Overview

  • Griffin said recent tariff and manufacturing policies have fueled uncertainty and challenged American exceptionalism.
  • He revealed that Citadel cut its 2025 growth projections by 50% in response to rising import duties.
  • Griffin argued that the administration's tariff strategy imposes a heavy price on consumers through higher costs.
  • He questioned the wisdom of onshoring low-cost manufacturing, calling it an unsustainable economic approach.
  • Griffin condemned Washington's fiscal stance for running large deficits at full employment and rebuked attacks on Walmart’s CEO over honest price warnings.