From CNBC: 2025-04-23 13:20:00

Ken Griffin, CEO of Citadel, criticized Trump’s trade policy, warning it could harm the U.S.’ reputation and bond market. Trump’s tariffs sparked market volatility, prompting a temporary halt. Treasury yields rose, and the dollar weakened, signaling investors’ shift away from the U.S. as a safe investment.

Griffin, a Trump supporter, urged caution to protect the U.S. brand. He emphasized the importance of maintaining and strengthening the country’s reputation. Griffin’s hedge fund, with $65 billion in assets, faces uncertainty amid Trump’s trade rhetoric. He called for thoughtful actions to repair any damage to the U.S. brand.

Read more: Citadel’s Ken Griffin warns Trump about tarnishing the ‘brand’ of U.S. Treasurys