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#citadel

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“It was like an aspiration for most the world. And we’re eroding that #brand right now,” #billionaire #KenGriffin said.

Griffin, founder of one of the largest hedge funds in the world, said that traders are concerned about parking their investments in the #UnitedStates — particularly US #Treasury #bonds — because #Trump’s #tariffs have destroyed faith that America will remain a TRUSTED & RATIONAL actor in global financial markets.

#Citadel CEO #KenGriffin, #billionaire #Trump supporter & #megadonor to #Republicans, had some harsh words for Trump about his #TradeWar:

It’s hurting America’s standing in the world & eroding the nation’s “#brand”.

“The #UnitedStates was more than just a nation. It’s a brand. It’s a universal brand, whether it’s our culture, our financial strength, our military strength …. America rose beyond just being a country,” Griffin said.

#US #economy #recession #trumpcession
cnn.com/2025/04/24/business/ke

CNN · One of Trump’s billionaire supporters has harsh words for the president about his trade warBy David Goldman