Billionaire Ken Griffin Says He’s Wary of Trump’s Tax-Cut and Tariff Agenda

  • Trade barriers could lead to crony capitalism, Griffin warns
  • Citadel founder says tax hikes may be needed to alleviate debt
Griffin Casts Doubt on Trump’s Tax-Cut and Tariff Agenda
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Billionaire Ken Griffin cast doubt on two of President-elect Donald Trump’s most loudly heralded economic policy plans: tax cuts and tariff hikes.

Republicans should be mindful of the effect of tax cuts on the growing national debt and the impact of tariffs on the long-term competitiveness of American businesses, Griffin said in an interview with Bloomberg Television’s Sonali Basak at the Economic Club of New York.