Ken Griffin, a donor of the GOP, claims the US has become 20% poorer in just four weeks as a result of tariff hikes. The US dollar has declined significantly, losing over 9% since the start of 2025.
Griffin criticizes the belief that tariffs will encourage foreign manufacturers to build factories in the US. He warns that current policy volatility discourages investment in American manufacturing.
The new tariffs have strained relationships with long-standing allies like Canada and France, impacting the international sentiment towards the US. Griffin expresses concern that these policies could erode historical alliances.
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