Grif Outlook: How does Wall Street Biggies respond to Trump's rates? | Mint
As US President Donald Trump’s tariff war in its new phase increases between the United States and other world countries, the news portal forbes reached out to the Top 50 Wall Street Biggies, from billionaire investors to institutional asset managers, according to the News Portal report. Out of the 50 Wall Street -big shots, more than half of people supported Donald Trump during his return from the White House in January 2025. Now 72 percent of investors say that the economic plan of the Trump administration was ineffective. 66 percent of survey investors said they did not support Trump’s economic policy. According to the News Portion’s report, this is more than one-third of Trump supporters, according to the News Portal report. On the execution front, 54 percent of investors said Donald Trump was not executing his plan. POLL ratings for Trump’s policy The news report also shared a Forbes survey that assessed the topics of rates, stock markets, executive orders and cryptocurrencies on a scale of 1 to 5, with 1 the lowest rating and 5 as the most favorable. To the disadvantage, Donald Trump’s tariff policy reportedly received a 1.86 out of 5 rating from the Wall Street Top 50 investors. On the front of the stock market, investors Trump has awarded 1.96 out of 5 (25 of the respondents a 1 rating for it). According to the news portal’s report, Donald Trump received a 2.10 rating for his executive orders aimed at law firms, along with a 2 rating on cryptocurrency movements, and a 2.16 on the US inflation front. However, the deregulation of Trump has the highest rating of investors at 3.08, and its cost -saving measure in collaboration with Elon Musk in Doge, a 2.96 out of 5, reports The News Portal. Its policy, such as the 10 percent ‘baseline’ tariffs on all imports, which came into effect on Saturday, April 5, along with the individual ‘reciprocal rates’ for countries around the world, has raised concerns for investors worldwide over an increasing trade war. The stock market accident Global Markets has suffered the losses across Asia, Europe, and even in the US, as investors have seen the biggest accident since the Covid-19 pandemic. More than $ 5 billion was wiped off from the market capitalization on Friday after China retaliated against the United States for its tariff movement. Indexes in the US, such as Dow Jones, have crashed more than 2200 points after China announced an additional 34 percent tariff on all US goods. Nasdaq Composite also crashed over 900 points, and the S&P 500 closed 5.97 percent lower after trading day. On the currencies, the US dollar has dropped more than 1 percent against the euro and the Japanese yen amid the broader market sale. “It’s alarming and disturbing,” Anh Tran, managing partner at Sagemint Wealth in California, told the News Portal. “Everyone is thinking about how to create disadvantage protection.” Tariff debate According to the news reports, many economists questioned Trump’s tariff movements, even though the US president cited the reason for an alleged exploitation of the United States on a world front. The head of Morningstar, US economist Preston Caldwell, noted that the US tariff increases are a “self-inflicted economic disaster for the country, the news portal quoted.” Rates will hit US consumers in the form of higher prices. told the News Portal. The news release also emphasized that although this round of rates will largely save sectors such as car due to existing protection and incentives, other sectors such as clothing and clothing are likely to face major disruptions, as many US imports rely on countries such as China and Vietnam. Investment officer of Northlight Asset Management.