Overview
- Branson argues that most Americans oppose Trump’s actions, describing his policies as driven by a small elite around the president.
- He warns that Trump’s erratic tariff policies could isolate the U.S. from global trade and drive inflation, pressuring the Federal Reserve on interest rates.
- The withdrawal of U.S. support for Ukraine is labeled by Branson as the most alarming development, risking European security and breaching prior commitments.
- Virgin Group reports softened U.S. travel demand but rising bookings from the UK and Canada, reflecting economic uncertainty and currency shifts.
- Branson’s comments were made during a visit to Riyadh, coinciding with the launch of Virgin Atlantic flights to Saudi Arabia and a meeting with Crown Prince Mohammed bin Salman.