Influential figures speak out on US tariff hikes
chinadaily.com.cn |
Updated: 2025-04-14 13:12
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BlackRock CEO Larry Fink
I do believe the dollar will be weakened. I mean, in most political theory or economic theories, tariffs raise the value of a currency. In my mind in the short run are very inflationary and destabilizing the economy. Most CEOs I talked to, we'd say we are probably in a recession right now.
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