Citadel’s Ken Griffin warns Trump about tarnishing ‘brand’ of U.S. Treasurys

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Citadel CEO Ken Griffin speaks during the Semafor World Economy Summit 2025 at Conrad Washington on April 23, 2025 in Washington, DC.

Kayla Bartkowski | Getty Images

Ken Griffin, founder and CEO of Citadel, said President Donald Trump’s global trade fight risks spoiling the reputation of the country and its government bond market.

“The United States was more than just a nation … it’s a universal brand. Whether it’s our culture, our financial strength, our military strength, America rose beyond just being a country,” Griffin said at Semafor’s World Economy Summit in Washington, D.C., on Wednesday. “It was like an aspiration for most of the world, and we’re eroding that brand right now.”

Trump’s rollout of the highest tariffs on imports in generations shocked the world earlier this month, triggering extreme volatility on Wall Street. Days later, the president announced a sudden 90-day pause on much of the increase, except for China, as…

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