Billionaire Financiers Lambast Donald Trump’s tariffs

[ad_1]

Unlock Watch Bulletin Free from White House

Ken Langone, who has co-founder of the house warehouse and for a long time, was very high, and the extensive fate tariffs were lambasted due to being very quickly.

Langone said the US President “recommended 46 percent in the financial time of” tariff In Vietnam, 34 percent of Bullshit and China was “very aggressive” and “serious talks” did not give a chance to work. “

“Forty-six percent in Vietnam?” said Langone. “You can also tell them, ‘Don’t worry about calling'”

Langone It is one of the financial workers in a large number of billionaires that increase the decision to increase tariffs to increase the ratios of those seen in the 1930s since the 1930s.

Tariffs – Individual money based on 10 percent, USA, including non-cash measures, including non-cash measures and VAT taxes and VAT, the trade restrictions sent to a well section of the global markets. During the last week, the S & P fell almost 10 percent, S & P 500.

Billionaire investor Stanley Druckenmiller, Treasury Secretary Scott Bessentin Teacher also aggravatedPlace on Sunday X: “I do not support tariffs for more than 10%.”

President Trump reveals tariffs against US trading partners
President Trump reveals tariffs against US trading partners © Reuters

Thus, the 2024 presidential campaign describing the tariffs is a billionaire donor bill in support of Trump “A big policy mistake”.

Jim Rogers, who founded the quantum fund with George Soros, “Tariffs sometimes helped a few people in a less short period,” “it’s rare for everyone.”

Tesla and Starlink owner, Elon Musk, Trump’s largest donor, hit tariffs. On Saturday, Musk called the “zero tariff situation” between the United States and Europe, and Peter Navarro called the “trade” trade in Trump’s trade.

JPMorgan Chase Executive President Jamie Dimon also criticized the measures on Monday.

“This issue is resolved faster, because some of the negative effects have increased compared to time and rose to the reverse,” he said.

Wilbur Ross, Trump’ın Trump’ın Trump’s Trading Secretary also drew, warnings had an unexpected impact.

Wilbur Ross
Wilbur Ross, who had previously traded under Trump, said “doubts the logic of the formula to calculate the tariffs” © AFP / Getty Images

“It’s heavier than I am waiting,” said Ross ft. “Especially as Vietnam, China and Cambodia are more extreme than I thought.”

Ross added that businesses and investment companies can deal with good news and bad news and bad news, but “Unknown fear is the worst for people and in the age of extreme fears.”

Langone said the “more managed and, of course, the more constructive” approach, 10 percent tariffs on imported goods, then the countries should follow bilateral talks with countries.

“I don’t understand the goddamn formula,” said Langone. “I believe he is definitely advised about this trade situation and the formula applied.”

Ross, who directly criticized Trump, accepted that the tariffs were issued on the road. “I also doubt the logic of the formula to calculate the tariffs. It is a fairly unconventional way to measure the tariffs.”

Added: “I think I hope it had the most negative impact and therefore will soon reach an agreement.”

When Langone agrees with a number of events taken by the Trump Administration, “I have something different when I do it, how I do it, and of course I would not take everything.”

Trump’s “As a result” awaits you will take part in a number of bilateral meetings.

“I think it will work,” said Langone. “Currently, everyone is terrified is the Tariff War.”

[ad_2]

Source link

Leave a Reply

Your email address will not be published. Required fields are marked *