'Everything was going so bloody well up to about 3 months ago'- Branson on Trump's tariffs
Speaking to the media at a press event for his airline, Virgin Atlantic, at London’s Heathrow Airport on April 23, 2025, Branson lamented that Trump’s tariff policies upended what had otherwise been a strong global economy.
“It’s just such a pity, because everything was going so bloody well up to about three months ago,” he said.
According to Fortune, Branson’s own company, the Virgin Group, saw its own businesses directly affected by the tariffs.
Virgin Group operates an array of businesses, some of which are particularly vulnerable to Trump’s tariffs and the ensuing economic downturn. For example, Virgin’s airline, health clubs, and cruises were “full” prior to the tariffs; now, business is just “okay,” according to Branson.
The Virgin Islands is one of the ports of call for Virgin Voyages cruises.
“If he continues, he’s in such danger of doing so much damage in the world,” Branson said.
Inflation risk
Trump’s announcement of the tariff policy on April 2 immediately sent the global market into a tailspin. Equities across the world plummeted. In the US, virtually no corner of the economy was spared: Stock and bond prices fell, and the dollar weakened, plunging to a three-year low. Branson warned there was still more to come in the U.S.
“Inflation hasn’t started kicking in in America,” he said. “It will once these tariffs start kicking in.”
Tariffs are widely seen as inflationary because they raise the prices for importers, who then often pass those costs on to consumers. That expected inflation hasn’t yet been recorded in official economic data, but the threat of it has influenced the decision-making of key leaders in the corporate world and at the Federal Reserve.
The Virgin Islands uses the US Dollar as its currency and is a major importer of goods from the US.
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36 Responses to “'Everything was going so bloody well up to about 3 months ago'- Branson on Trump's tariffs”
Are you sure this isn't the antichrist you're seeing?
Not only does his Nation own these VI,it owns you your past and your future. Yow own nothing tangible and never will and he has contributed positivity in finance and tourism beyond your ability.
There are no occupants in the BVI prison nor browsing FSN who looks like him. Most definitely he is not nor has he and those who look like him,a liability on our shores.Unlike thedominant imported and installed group of the other kind. Inviting suggesting deporting cant stop the septic flow.
Truth and only truth is the key to freedom gates.
Where he from owns these VI
Oops ,forgot to mention that his presence business and investmentse i are assets to the VI...
Imagine if these VI had more like him and fewer of the beggars criminals baby daddies and mommies...
Examples.. Monaco ,St Barts.. Zero crime,Zero poverty
ok i guess...
anyways whats our new minimum wage is again?
&^%f$ all of them.