Ken Griffin, founder and CEO of Citadel, warned about the risks of tarnishing the reputation of U.S. Treasuries due to President Donald Trump’s trade policies. Griffin stated that the United States represents more than just a nation; it is a universal brand encompassing culture, financial strength, and military power. Trump’s recent tariff policies have shocked global markets, leading to increased volatility. Despite voting for Trump and being a major donor to Republican causes, Griffin criticized the president’s trade rhetoric as bombastic. He emphasized the importance of respecting and strengthening the brand of U.S. Treasuries, warning that damaging this reputation could take a lifetime to repair.
— new from CNBC
