Ken Griffin warns Trump's tariffs and tax cuts could harm U.S. economy, boost crony capitalism.

Ken Griffin, founder of Citadel, warned that President-elect Donald Trump's proposed tariffs could lead to crony capitalism, harming U.S. economic competitiveness and productivity. Griffin also advised against tax cuts, emphasizing the need to address national debt and boost productivity. He cautioned that tariffs may benefit special interest groups but will ultimately raise costs and hurt the economy.

November 21, 2024
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