Impact of Tariff Policies on US Growth

In a revealing interview with CNBC, Apollo Global Management CEO Marc Rowan expressed concerns over the United States potentially experiencing two consecutive quarters of negative growth. Rowan attributed this looming economic slowdown to the immediate effects of President Donald Trump's tariff policies, stating they "have ground things to a halt in the short term."

Critique of the Administration's Approach

While Rowan acknowledged the administration's broader objectives on trade as justified, he critiqued the execution of these policies. "What the Trump administration is doing on tariffs is right, but the approach is wrong," Rowan remarked. He advocated for a more strategic and coordinated framework to mitigate economic disruptions and achieve long-term goals.