John Paulson brushes aside Wall Street worries about Donald Trump’s tariff plan
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John Paulson, hedge fund manager and Republican megadonor, expresses support for Donald Trump's tariff plan, stating a need to decouple from China; Paulson respects Trump's stance on trade, contrasting with his previous view in April where he called tariffs a 'blunt tool'; Trump proposed a 60% tariff on Chinese goods and 10-20% on other imports, which the Tax Foundation warns could harm the US economy; Paulson has been mentioned as a potential Treasury secretary if Republicans win in November 2024.
#JohnPaulson #DonaldTrump #Tariffs #China #Economy #Republican #2024Election #Trade #FinancialNews #UsPolitics
https://www.ft.com/content/0f42ddd8-eb51-4463-ad17-7d70b44f6beb
Financial Times /
npub1ey…0tq7p
2024-09-19 20:55:01
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wss://relay.damus.ioPublished at
2024-09-19 20:55:01Event JSON
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"content": "John Paulson brushes aside Wall Street worries about Donald Trump’s tariff plan\n==========\n\nJohn Paulson, hedge fund manager and Republican megadonor, expresses support for Donald Trump's tariff plan, stating a need to decouple from China; Paulson respects Trump's stance on trade, contrasting with his previous view in April where he called tariffs a 'blunt tool'; Trump proposed a 60% tariff on Chinese goods and 10-20% on other imports, which the Tax Foundation warns could harm the US economy; Paulson has been mentioned as a potential Treasury secretary if Republicans win in November 2024.\n\n#JohnPaulson #DonaldTrump #Tariffs #China #Economy #Republican #2024Election #Trade #FinancialNews #UsPolitics\n\nhttps://www.ft.com/content/0f42ddd8-eb51-4463-ad17-7d70b44f6beb",
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