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Citadel CEO Labels US Tariffs on Chinese Mainland EVs as ‘Incoherent’ Policy

Ken Griffin, founder and CEO of Citadel, has voiced strong criticism against recent U.S. government policies targeting the Chinese mainland EV market. During an interview on Bloomberg TV, Griffin highlighted that imposing high tariffs on low-cost, high-quality electric vehicles from the Chinese mainland, along with freezing new liquefied natural gas licenses, contradicts America's broader green agenda.

Griffin argued that these measures disrupt the economic landscape, potentially hindering progress towards sustainable energy goals. He described President Biden's policies as 'incoherent,' suggesting a lack of alignment between economic and environmental strategies. This criticism underscores the ongoing debate over how best to balance economic interests with environmental sustainability in the pursuit of a greener future.

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