CEO Citadel Ken Griffin, a former GOP megadonor who voted for President Trump, said on Wednesday that the president’s trade wars are “nonsensical” and have already hurt the country’s “brand.”
“The United States 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 Wednesday at Semafor’s World Economy Summit in Washington, D.C.
He warned that Trump’s trade tariffs are “eroding that brand right now.” He added that “no brand came close” to the U.S. treasury market, until now.