I don’t assist tariffs of greater than 10%
The billionaire investor Stanley Print Miller completed rare items on Sunday on the Social Media platform x and repeated its opposition to tariffs over 10%.
In contrast to the US tariffs, the founder of the Duquesne Family Office was consistent of over 10% threshold. In January he said to CNBC: “As long as we stay in the range of 10% … I think the risks [from tariffs] are exaggerated in relation to the rewards, the rewards at full speed, it is more like they are less two evils. “
On the whole, Druckmiller also said at the time that he as “simply regarded them as a consumption tax that foreigners pay for some of them”.
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His most recent contribution to X – one of only one handful of contributions that he made on the platform – is evaded by President Donald Trump's extensive tariff plan, which imposes the prices of up to 50% and a basic rate of 10% in most countries.
In response to a video of X of the CNBC interview with printer from January, the experienced investor wrote: “I do not support tariffs over 10%, which I made clear in the interview you cited.”
According to Trump's announcement, the share prices have dropped sharply, with markets experiencing losses that have not been observed since the Covid 19 pandemic.
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Trump Allies defended the tariffs on the air waves on Sunday and tried to minimize possible long -term economic effects. Kevin Hassett, director of the Weißen Haus National Economic Council, said that he does not believe that the tariffs will have “major impact on the consumer in the USA” who affected the consumer.
The Baseline 10% tariffs for almost every country came into force on Saturday morning. “Hang hard, it won't be easy, but the end result will be historical,” Trump wrote about the social truth when the tariffs came into force.
Printers had thrown his financial support, including the co-moderator of a fundraising campaign, for the candidate Nikki Haley during the Republican primary school.
Before the parliamentary elections in November, printermiller publicly said that he was not planning to vote for Trump or former Vice President Kamala Harris.
REGARD: Printer: tariffs are simply a consumption tax that foreigners pay for it

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