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5d ago

Richard Branson Condemns Trump’s Trade Policies and Ukraine Shift

The Virgin Group founder warns that erratic tariffs risk isolating the U.S. and inflation, while criticizing the withdrawal of support for Ukraine as a global security threat.

Richard Branson continued his recriminations of President Donald Trump's tariff policy during a press event for his airline Virgin Atlantic at London's Heathrow Airport.
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Sir Richard Branson said he believed most Americans did not support the president’s moves

Overview

  • Richard Branson criticized President Trump’s tariff policies as erratic and harmful, stating they disrupt global trade and risk isolating the U.S. from key markets.
  • The Virgin Group founder expressed concern that the tariffs will lead to inflation in the U.S., making Federal Reserve rate cuts unlikely despite Trump’s demands.
  • Branson emphasized Trump’s withdrawal of support for Ukraine as the most alarming issue, warning it could destabilize Europe and necessitate increased defense measures.
  • Virgin Group businesses, previously thriving, have seen slowed growth since the tariffs were announced, with U.S.-to-U.K. travel demand particularly weak.
  • Branson defended Virgin Atlantic’s new Riyadh route, citing significant reforms in Saudi Arabia, while maintaining that further progress is needed.