Trump’s tariff war will cause global damage, says Grosvenor boss

Grosvenor Group CEO blasts tariffs as “nonsense and stupid”

Grosvenor Group CEO Mark Preston has voiced his contempt at US President Donald Trump’s tariff wars as “nonsense and stupid,” warning this will inflict pain on everyone. Preston, who heads the centuries‐old Grosvenor Group, operator of prime Mayfair and Belgravia estates as well as a build‐to‐rent developer in North America, Brazil and Australia, revealed that while the tariff war and its impacts will eventually fizzle out, it will harm economie…

Trump’s tariff war will cause global damage, says Grosvenor boss

‘Nonsense’ policy will eventually right itself, adds Mark Preston, who heads Duke of Westminster’s property group Donald Trump’s global tariff trade war is “nonsense and stupid” and will damage every country in the world, including the US, the boss of one of Britain’s most powerful property…