Ken Griffin Criticizes Tariffs

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higher tariffs

CNBC

•

Business

Business & Economics

Billionaire Ken Griffin calls tariffs a 'painfully regressive tax,' hitting working class Americans the hardest

Summary

Nutrition label

68% Informative

Ken Griffin , founder and CEO of the Citadel hedge fund, said working class Americans will bear the brunt of tariffs.

Griffin: "Tariffs hit the pocketbook of hardworking Americans the hardest" Griffin said there is a "modest" risk of stagflation as higher tariffs create inflationary pressures and slow down the economy.

VR Score

Informative language

Neutral language

Article tone

semi-formal

Language

English

Language complexity

Offensive language

not offensive

Hate speech

not hateful