Billionaire Ken Griffin Thinks Trump Is Making a Mistake. Will He Sell These 3 ETFs?
Briefly

Ken Griffin, founder of Citadel Advisors and a major Republican donor, has made a significant $100 million contribution to conservative causes ahead of the 2024 election. While he supports many Republican initiatives, he categorically opposes the Trump administration's use of tariffs, particularly the 25% on steel and aluminum imports. Griffin argues that such rhetoric damages America's credibility as a trading partner, complicating negotiations. As the current political climate intensifies with planned further tariffs, Griffin's hedge fund continues to manage substantial assets, indicating a possible strategic shift in investments.
Ken Griffin emphasizes that the rhetoric around tariffs damages America’s reputation among global partners, stating it complicates negotiations and diminishes reliability in trade.
Despite being a significant donor to conservative causes, Griffin opposes the Trump administration's trade war tactics, marking a divergence from typical Republican ideologies.
Read at 24/7 Wall St.
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