Paolo Ardoino, the chief executive officer of Tether, which provides the world’s largest stablecoin, said he is “sympathetic to” the Trump administration’s “approach” to imposing tariffs on other countries.
During an interview on Breitbart News Saturday, Ardoino said he believes there should either be “zero tariffs for everyone” or “equal tariffs for everyone.” Ardoino also predicted that “one of the possible downsides” would be a shift “in geopolitical alliances.”
Ardoino’s interview comes days after President Donald Trump announced that there would be a 25-percent tariff imposed on vehicles made outside of the United States. Trump also revealed a chart showing the discounted reciprocal tariffs the U.S. would be imposing on various countries.
“Personally, I am sympathetic to the approach of the administration on the tariffs.
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