Friday, 31 Oct 2025
  • Contact
  • Privacy Policy
  • Terms & Conditions
  • DMCA
logo logo
  • World
  • Politics
  • Crime
  • Economy
  • Tech & Science
  • Sports
  • Entertainment
  • More
    • Education
    • Celebrities
    • Culture and Arts
    • Environment
    • Health and Wellness
    • Lifestyle
  • 🔥
  • Trump
  • VIDEO
  • House
  • White
  • ScienceAlert
  • Trumps
  • Watch
  • man
  • Health
  • Season
Font ResizerAa
American FocusAmerican Focus
Search
  • World
  • Politics
  • Crime
  • Economy
  • Tech & Science
  • Sports
  • Entertainment
  • More
    • Education
    • Celebrities
    • Culture and Arts
    • Environment
    • Health and Wellness
    • Lifestyle
Follow US
© 2024 americanfocus.online – All Rights Reserved.
American Focus > Blog > Economy > Griffin calls tariffs a ‘painfully regressive tax,’ hitting working class the hardest
Economy

Griffin calls tariffs a ‘painfully regressive tax,’ hitting working class the hardest

Last updated: May 7, 2025 3:45 pm
Share
Griffin calls tariffs a ‘painfully regressive tax,’ hitting working class the hardest
SHARE

Billionaire Ken Griffin, the CEO of Citadel hedge fund, recently expressed his concerns about President Donald Trump’s tariffs and their impact on working class Americans. In an interview on CNBC’s “Closing Bell,” Griffin highlighted how tariffs act as a regressive tax, hitting hardest those who are already struggling to make ends meet.

Trump’s implementation of high tariffs on imports has caused significant volatility in the stock market. While the president has temporarily halted some tariff increases in an effort to negotiate deals with trading partners, tensions with China remain high. Griffin, a supporter of Trump and a major donor to Republican politicians, has been critical of the administration’s trade policies, warning of potential damage to the reputation of the United States and its government bond market.

Griffin emphasized the importance of managing inflation, citing it as a key factor for voters in the upcoming midterm elections. He raised concerns about the risk of stagflation, a combination of inflation and economic stagnation, as a result of higher tariffs. The success of Trump’s economic program, which focuses on trade, tax cuts, and deregulation, will ultimately determine the trajectory of the economy in the coming years.

With Treasury Secretary Scott Bessent outlining the three-pronged approach of Trump’s economic plan, Griffin questioned whether these measures would lead to the desired economic growth. The future of the economy, he suggested, hinges on the effectiveness of these policies and their impact on various sectors.

Overall, Griffin’s insights shed light on the complexities of economic policy and the potential consequences of trade disputes. As the nation navigates through uncertain economic waters, the decisions made by the administration will undoubtedly shape the future of the U.S. economy.

See also  Why Arbor Realty Trust (ABR) Stands Out Among Passive Income Stocks
TAGGED:CallsclassGriffinhardesthittingpainfullyregressiveTariffstaxworking
Share This Article
Twitter Email Copy Link Print
Previous Article Do cold-water plunges really speed post-workout muscle recovery? Do cold-water plunges really speed post-workout muscle recovery?
Next Article Animal advocates demand Manhattan DA Alvin Bragg impose stricter penalties on pigeon catchers after poacher’s arrest Animal advocates demand Manhattan DA Alvin Bragg impose stricter penalties on pigeon catchers after poacher’s arrest
Leave a comment

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Popular Posts

Tiny ‘Coral’ Discovered by Rover in Martian Crater : ScienceAlert

Curiosity Rover Discovers Coral-Like Rock on Mars During its exploration of the Gale Crater on…

August 12, 2025

5 GTA 3 characters that should return in GTA 6

Grand Theft Auto fans have a special connection with the characters from GTA 3. They…

May 22, 2025

WATCH: Deputy Chief of Staff Stephen Miller DESTYROYS Letitia James, “One of The Most Corrupt Shameless Individuals Ever to Hold Public Office,” Over Accusations of Trump Revenge Tour – Says She’s Guilty of “Countless Crimes” |

In a recent statement, White House Deputy Chief of Staff Stephen Miller addressed New York…

April 18, 2025

Victor Reacts: Liberals Claim Scripture Justifies Illegal Immigration – Debunked (VIDEO) |

Liberal Interpretations of the Bible: A Misguided Justification for Illegal Immigration? In an intriguing twist…

June 17, 2025

Zoom restores service after an hours-long outage

Zoom Platform Restored After Outage Zoom, the popular video conferencing platform, has successfully resolved an…

April 16, 2025

You Might Also Like

Market analysts react to Trump-Xi meet
Economy

Market analysts react to Trump-Xi meet

October 31, 2025
Special Olympics Calls In Kid Rock For Using Ableist Slur: ‘Words Matter’
World News

Special Olympics Calls In Kid Rock For Using Ableist Slur: ‘Words Matter’

October 31, 2025
29 truck carrier files Chapter 11
Economy

29 truck carrier files Chapter 11

October 31, 2025
Trust Government Statistics, Not Government
Economy

Trust Government Statistics, Not Government

October 31, 2025
logo logo
Facebook Twitter Youtube

About US


Explore global affairs, political insights, and linguistic origins. Stay informed with our comprehensive coverage of world news, politics, and Lifestyle.

Top Categories
  • Crime
  • Environment
  • Sports
  • Tech and Science
Usefull Links
  • Contact
  • Privacy Policy
  • Terms & Conditions
  • DMCA

© 2024 americanfocus.online –  All Rights Reserved.

Welcome Back!

Sign in to your account

Lost your password?