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Ken Griffin Criticizes Tariffs, Sees No Immediate Crypto Impact

Solomon M. by Solomon M.
April 29, 2025
in Latest News
Key Takeaways:
  • Ken Griffin criticized U.S. tariffs at Stanford Business School.
  • Tariffs unlikely to restore manufacturing jobs.
  • No immediate crypto market impact observed.
ken-griffin-tariffs-wont-restore-u-s-manufacturing-jobs
Ken Griffin: Tariffs Won’t Restore U.S. Manufacturing Jobs

Griffin addressed Stanford attendees, highlighting tariffs’ ineffectiveness in reviving U.S. manufacturing jobs.

Griffin’s remarks spotlight the disconnect between tariffs and revitalizing manufacturing, affecting national competitiveness.

Ken Griffin, founder and CEO of Citadel, stated during a Stanford discussion that tariffs will not restore U.S. manufacturing jobs, advocating for focusing on national strengths. His comments align with past economic leaders’ skepticism regarding tariff efficacy.

“These jobs are not coming back to America. And to be clear, with the direction we are going, these tariffs won’t bring back American manufacturing jobs the way that the president anticipates. The country should play to its strengths instead.” — Bloomberg Tax

Griffin applauded the intentions behind U.S. trade policies aimed at job enhancement, but finds the execution insufficient. His view underscores America should instead harness its unique strengths rather than rely on tariffs.

Despite the bold remarks, there were no observable disruptions in cryptocurrency markets, nor were assets like ETH or BTC directly affected. Historically, such trade policies have limited long-term effects on U.S. manufacturing presence.

Griffin’s perspective adds to ongoing discussions on economic strategies but hasn’t prompted regulatory changes or reassurances from financial authorities. Expert opinions indicate broader macroeconomic implications rather than specific crypto ties.

Without causing immediate crypto market fluctuations, Griffin’s views contribute to the broad dialogue about economic policy and potential shifts in manufacturing strategy. His insights reinforce the need for strategic competitiveness rather than tariff dependence in shaping U.S. economic policy.

Disclaimer:

The content on The CCPress is provided for informational purposes only and should not be considered financial or investment advice. Cryptocurrency investments carry inherent risks. Please consult a qualified financial advisor before making any investment decisions.

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