Larry Fink, CEO of BlackRock, has expressed concern that protectionist policies are resurfacing globally. The warning comes as US President Donald Trump prepares to impose tariffs on various countries. Fink believes the shift towards protectionism poses significant risks to global trade and economic stability, echoing his earlier warnings in 2020 when the pandemic first started affecting markets.
Source: https://www.ft.com/content/6e1783ef-8e05-446b-be23-6458c6e80dfa