Billionaire Ken Griffin Wary of Trump’s Tax-Cut and Tariff Agenda
November 21, 2024
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0:55Now PlayingBillionaire Ken Griffin Wary of Trump’s Tax-Cut and Tariff Agenda
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as posted by the channelBillionaire Ken Griffin cast doubt on two of President-elect Donald Trump’s most loudly heralded economic policy plans: tax cuts and tariff hikes.
Republicans should be mindful of the effect of tax cuts on the growing national debt and the impact of tariffs on the long-term competitiveness of American businesses, Griffin said in an interview with Bloomberg Television’s Sonali Basak at the Economic Club of New York.
“The big problem is we’ve got to get productivity growing,” Griffin said.
The Citadel founder on Thursday suggested the opposite course might be needed:“There’s a real question about where do we need to raise taxes to start to put our house in order.”
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