US President Donald Trump’s global trade fight is putting the country’s reputation at risk, according to Ken Griffin, founder and CEO of Citadel. Treasury yields have risen and the dollar has weakened against its global counterparts, indicating investors are moving away from the US as a safe investment destination.
Griffin warned that the US brand, which represents its culture, financial strength, and military power, is being eroded by Trump’s trade policies. He called for the President, Secretary of Treasury, and Secretary of Commerce to be “thoughtful” in their actions, saying a tarnished brand can take years to repair.
Trump’s rollout of high tariffs on imports sparked volatility on Wall Street, while his recent announcement of a 90-day pause on most increases, except for China, has only added to market uncertainty. The resulting economic impact is seen in rising Treasury yields and a weakened dollar, making investors reconsider investing in the US.
Griffin, who previously supported Trump but now criticizes his trade policy, emphasized the importance of maintaining a strong brand reputation in the financial markets. He urged the government leaders to take thoughtful action to avoid damaging the country’s reputation further.
Source: https://www.cnbc.com/2025/04/23/citadels-ken-griffin-warns-trump-about-tarnishing-the-brand-of-us-treasurys.html