{"id":33245,"date":"2025-09-26T04:31:26","date_gmt":"2025-09-26T04:31:26","guid":{"rendered":"https:\/\/agooka.com\/news\/usa\/ken-griffin-says-its-anti-american-if-trump-gives-favor-over-tariffs-to-some-companies-and-not-others\/"},"modified":"2025-09-26T04:31:26","modified_gmt":"2025-09-26T04:31:26","slug":"ken-griffin-says-its-anti-american-if-trump-gives-favor-over-tariffs-to-some-companies-and-not-others","status":"publish","type":"post","link":"https:\/\/agooka.com\/news\/usa\/ken-griffin-says-its-anti-american-if-trump-gives-favor-over-tariffs-to-some-companies-and-not-others\/","title":{"rendered":"Ken Griffin says it&#8217;s &#8216;anti-American&#8217; if Trump gives &#8216;favor&#8217; over tariffs to some companies and not others"},"content":{"rendered":"<figure><img decoding=\"async\" src=\"https:\/\/i.insider.com\/681c1184a466d2b74ab55876?format=jpeg\" alt=\"Citadel founder and CEO Ken Griffin speaking at the Semafor World Economy Summit in Washington, DC.\"\/><figcaption>&quot;It should literally be if you graduate from one of America&#039;s great universities, great graduate schools, you just get a visa stamp to your degree,&quot; Ken Griffin said of foreign students in the US.<\/p>\n<p>Kayla Bartkowski via Getty Images<\/p>\n<\/figcaption><\/figure>\n<ul>\n<li>Citadel CEO Ken Griffin said it was &quot;anti-American&quot; for Trump to favor big companies with tariff relief.<\/li>\n<li>He said when the state gets involved, &quot;picking winners and losers,&quot; the US as a whole loses.<\/li>\n<li>Trump has offered tariff relief to companies like Apple that have pledged to invest heavily in the US.<\/li>\n<\/ul>\n<p>Citadel&#039;s CEO said it was &quot;anti-American&quot; for President Donald Trump to give big companies tariff relief.<\/p>\n<p>Ken Griffin, the billionaire CEO and founder of the hedge fund, criticized Trump during a Thursday CNBC interview.<\/p>\n<p>&quot;Is that our country, that we&#039;re going to favor the big and the connected? That&#039;s not the American story,&quot; Griffin said to CNBC.<\/p>\n<p>&quot;When the state becomes involved in picking winners and losers, there&#039;s only one way this game ends: All of us lose,&quot; he said.<\/p>\n<p>His comments come after Trump said in August that he would impose a 100% tariff on the import of semiconductors, but companies that promised to invest in the US would be exempt from it.<\/p>\n<p>In the same month, Apple announced that it would invest $100 billion in its US facilities, in addition to the $500 billion it pledged in February.<\/p>\n<p>Trump also allowed American chip giants like Nvidia and AMD to sell some chips to China if they agreed to grant the US government a 15% cut of their China revenue.<\/p>\n<p>&quot;The line outside the White House of every business arguing why they should be exempt from paying tariffs on what they import into their products is nauseating,&quot; Griffin said to CNBC.<\/p>\n<p>Griffin has previously weighed in on the Trump administration&#039;s economic policies. <\/p>\n<p>In September, Griffin co-authored an opinion piece for The Wall Street Journal, in which he criticized Trump&#039;s attacks on the Federal Reserve&#039;s independence. Trump has been pressuring Fed chair Jerome Powell to lower interest rates for months.<\/p>\n<p>&quot;Congress has a duty to oversee the Fed, and this oversight must be free of undue interference from the executive branch,&quot; Griffin wrote in the opinion piece.<\/p>\n<p>Representatives for Griffin at Citadel did not respond to a request for comment from Business Insider.<\/p>\n<p>Read the original article on Business Insider<\/p>\n","protected":false},"excerpt":{"rendered":"<p>&quot;It should literally be if you graduate from one of America&#039;s great universities, great graduate schools, you just get a visa stamp to your degree,&quot; Ken Griffin said of foreign students in the US. Kayla Bartkowski via Getty Images Citadel CEO Ken Griffin said it was &quot;anti-American&quot; for Trump to favor big companies with tariff [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":33246,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[20],"tags":[],"class_list":{"0":"post-33245","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-usa"},"_links":{"self":[{"href":"https:\/\/agooka.com\/news\/wp-json\/wp\/v2\/posts\/33245","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/agooka.com\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/agooka.com\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/agooka.com\/news\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/agooka.com\/news\/wp-json\/wp\/v2\/comments?post=33245"}],"version-history":[{"count":0,"href":"https:\/\/agooka.com\/news\/wp-json\/wp\/v2\/posts\/33245\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/agooka.com\/news\/wp-json\/wp\/v2\/media\/33246"}],"wp:attachment":[{"href":"https:\/\/agooka.com\/news\/wp-json\/wp\/v2\/media?parent=33245"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/agooka.com\/news\/wp-json\/wp\/v2\/categories?post=33245"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/agooka.com\/news\/wp-json\/wp\/v2\/tags?post=33245"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}