Cathie Wooden, CEO and CIO at ARK Make investments, has spoken out in assist of Trump’s tariff coverage calling it ‘the other’ of regressive.
In line with Wooden, Treasury Secretary Scott Bessent’s newfound management take over of commerce negotiations within the wake of the US President’s announcement will ‘result in decrease tariffs and non-tariff boundaries’.
Wooden went so far as to name Trump’s tariffs a ‘shock remedy’ that might result in severe negotiations between the US and its commerce companions.