Market Reaction to US Tariffs Deemed 'Preventable' by Branson

In a recent post on X, billionaire Richard Branson, founder of Virgin Galactic Holdings Inc., labeled the market's reaction to the United States' reciprocal tariffs as both "predictable" and "preventable." He criticized the lack of time given to US companies to adapt, leading to a global financial market free fall.

Call for Swift Government Response

Branson emphasized the urgent need for the US government to act within the next few hours to avert long-term damage. He warned of rising consumer prices and the weakening US dollar, stating that without immediate correction, the US faces years of ruin.