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Citigroup CEO Warns Tariffs Shift Economic Landscape

5/21/2025

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Summary

Story summary

Citigroup CEO Jane Fraser highlights that tariffs are transforming the economic landscape.
She notes a global trend towards self-interest rather than cooperation.
Investors are reevaluating the safety of the U.S. dollar.
CEOs are postponing decisions and strategizing for tariff consequences.
A proposed 25% import tax will necessitate major adjustments in business approaches.

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Story summary

Citigroup CEO Jane Fraser highlights that tariffs are transforming the economic landscape.
She notes a global trend towards self-interest rather than cooperation.
Investors are reevaluating the safety of the U.S. dollar.
CEOs are postponing decisions and strategizing for tariff consequences.
A proposed 25% import tax will necessitate major adjustments in business approaches.