
Republican megadonor and Home Depot co-founder Ken Langone blasted President Donald Trump's new tariffs as "bulls***" and overly aggressive, joining a growing chorus of billionaire allies warning the policy could wreck markets and spark a recession.
Trump reintroduced sweeping tariffs, implementing a flat 10% universal duty on imports, along with targeted tariffs as high as 46% for countries like Vietnam and 34% for China, as reported by the Financial Times.