Key facts
- Griffin stated Trump's tariffs have fueled inflation and disrupted supply chains.
- He predicted Republicans would lose control of at least one chamber of Congress.
- Griffin criticized Trump's explanation of the war in Iran.
Citadel CEO Ken Griffin stated that Donald Trump's tariffs on US allies have been "a disaster" and have contributed to inflation and supply chain disruptions. Speaking at the Future of Global Markets Conference in New York, Griffin predicted that these trade disputes would hurt Republicans in the upcoming midterm elections, suggesting the party would likely lose control of at least one chamber of Congress. He also criticized the Trump administration's handling of the war in Iran and its treatment of immigrants, advocating for a path for employed immigrants to contribute to society.
