Letsnewz.

Letsnewz.

Wall Street Tycoon Griffin Criticizes Trump's Trade Policies, Warns of Brand Damage

Wall Street Tycoon Griffin Criticizes Trump's Trade Policies, Warns of Brand Damage

Ken Griffin, the CEO of Citadel and a Wall Street financial mogul, recently expressed dissatisfaction with President Donald Trump's tariffs, stating that Trump should not harm America's reputation as a global brand. He warned that U.S. Treasuries, the dollar, and national credit are America's most valuable assets and that any damage to this brand could take a lifetime to repair.

According to a report by CNBC, Griffin, who was once a supporter of Trump and a major Republican donor, noted that the U.S. is more than just a nation; it is a symbol of global branding. He stated that Trump's trade wars are eroding this brand, with the dollar weakening and investor confidence beginning to falter as a result.

Griffin stressed the importance of caution among those in positions of representing the brand, including the president, the treasury secretary, and the commerce secretary, emphasizing the need to act in a way that respects the brand. He warned that if the brand is harmed, it may take a lifetime to regain trust.