Hedge Fund Manager Says Trump Is Hurting the Economy

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“Billionaire investor Steve Cohen doubled down on his negative view of the U.S. economy due to a backdrop of punitive tariffs, immigration crackdown and federal spending cuts spearheaded by the so-called Department of Government Efficiency,” NBC News reports.Said Cohen: “Tariffs cannot be positive, okay? I mean, it’s a tax. On top of that, we have slowing immigration, which means the labor force will not grow as rapidly as the last five years and so.”