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🔴 🇺🇸 **Trump’s tariff plan will send prices ‘through the roof’, warn US firms**

Callum Jones in New York

_“Even the billionaire financier Ken Griffin, a Republican megadonor, said last week he was “gravely concerned” that the rise of tariffs would put the US “on a slippery slope towards crony capitalism”. Companies enjoy a “momentary sugar rush” when duties remove overseas competition, he suggested, only to become complacent and less competitive on the world stage.”_

🔗 theguardian.com/business/2024/

@economics

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