Overview

• Richard Branson condemned President Trump’s trade tariffs as erratic, warning they could isolate the U.S. from global markets and harm business confidence worldwide.
• Branson highlighted the inflation risks posed by the tariffs, predicting higher consumer prices and limited scope for Federal Reserve interest rate cuts.
• He expressed deep concern over the U.S. withdrawing support for Ukraine, questioning its commitment to a 1994 treaty and warning of potential European security repercussions.
• Branson noted that Virgin Group businesses, previously thriving, have experienced setbacks due to economic uncertainty caused by Trump’s policies.
• The billionaire is set to discuss these issues in a meeting with Saudi Crown Prince Mohammed bin Salman, reflecting broader diplomatic efforts to navigate shifting global dynamics.