Richard Branson says Trump’s tariffs messed up a promising economy. ‘Everything was going so bloody well up to about three months ago’

Quick Summary:

The billionaire entrepreneur sees Trump’s hardline trade policies as reflecting the views of a "fairly small elite of people around" him.

Virgin Group operates an array of businesses, some of which are particularly vulnerable to Trump’s tariffs and the ensuing economic downturn.

That expected inflation hasn’t yet been recorded in official economic data, but the threat of it has influenced the decision making of key leaders in the corporate world and at the Federal Reserve.

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Article Details

Author / Journalist: Paolo Confino

Category: EconomyBusiness

Markets: United States

Topics: Richard Branson Virgin Group Tariffs and trade Donald Trump

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-04-23 @ 15:01:19 (16 hours ago)

News Timezone: GMT +8:00

News Source URL: fortune.com

Language: English

Article Length: 603 words

Reading Time: 4 minutes read

Sentences: 6 lines

Sentence Length: 101 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Fortune

News ID: 28174144

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About Fortune

Main Topics: EconomyBusiness

Official Website: fortune.com

Update Frequency: 63 posts per day

Year Established: 1929

Headquarters: United States

News Last Updated: 10 hours ago

Coverage Areas: United States

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Publisher ID: #95

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