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Major GOP donor Ken Griffin: US ‘has become 20 percent poorer in 4 weeks’

  • Ken Griffin, founder of a major hedge fund, said the U.S. "has become 20 percent poorer in 4 weeks" due to the ongoing trade war with China and other countries.
  • Griffin warned that the Trump administration is "eroding" the trusted "brand" of the U.S. in global financial markets through the damaging trade policies.
  • He urged the President, Treasury Secretary, and Commerce Secretary to be "very thoughtful" in protecting the U.S. brand, saying "when you tarnish that brand, it can be a lifetime to repair the damage.
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The IndependentThe Independent
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The Independent (US)The Independent (US)
Lean Left

Billionaire Republican megadonor claims Trump is ‘eroding’ US brand with trade war

Ken Griffin donated more than $100m to the GOP during the 2024 election cycle

·London, United Kingdom
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Lean Left

The commercial war tarnishes the image of the United States, says a billionaire supporter of Donald Trump

·Montreal, Canada
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  • 57% of the sources are Center
57% Center

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Semafor broke the news in New York, United States on Wednesday, April 16, 2025.
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