U.S. markets are poised to open higher this morning, after three days of steep losses. The Dow Jones Industrial Average futures rebounded overnight. President Donald Trump’s tariffs will go into effect at midnight tonight unless they are lifted. Trump has threatened new 50% tariffs on China unless Beijing lifts its retaliatory duties on U.S. exports. Former Commerce Secretary Carlos Gutierrez says the U.S. and China are in a full blown trade war. European Commission President Ursula von der Leyen said the EU is willing to negotiate with the U.S. on tariffs, yet is also preparing to retaliate. Two billionaire Trump backers, Ken Langone and Ken Griffin, are furious about the tariffs. Trump hosted Israeli Prime Minister Benjamin Netanyahu, one of his closest allies, at the White House Monday. The Dow Jones Industrial Average closed down Monday for a third trading session, as Trump’s tariffs continued to shake global trade.
Founder and CEO of Citadel Ken Griffin is taking aim at Trump’s tariffs, calling them a a “huge policy mistake” that will hurt middle-class Americans.
“I am really afraid of us abdicating our role of leadership for the free world,” Griffin said at an event for the 100th anniversary of the University of Miami, per Bloomberg.
Founder and CEO of Citadel Ken Griffin is taking aim at Trump’s tariffs, calling them a a “huge policy mistake” that will hurt middle-class Americans.
“I am really afraid of us abdicating our role of leadership for the free world,” Griffin said at an event for the 100th anniversary of the University of Miami, per Bloomberg.
“That’s the path we’re on,” the GOP donor adds.
中国现在的注意力是扩大内需，消化产能。
再对外开放市场，自己的产能咋办？
全球化结束啦。这些靠全球化发财的亿万富翁当然是不愿意。