Finance

Fink Says Trump Tariffs Went Way Beyond His Imagination

Larry Fink
Photographer: Al Drago/Bloomberg

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By Silla Brush

April 11, 2025 at 10:29 PM GMT+9

Updated on

April 11, 2025 at 11:09 PM GMT+9

Takeaways NEW

BlackRock Inc. Chief Executive Officer Larry Fink said he was caught by surprise at the breadth of President Donald Trump’s tariffs last week on many countries, including key US trading partners.

“The sweeping US tariff announcements went beyond anything I could have imagined in my 49 years in finance,” Fink said on a call on Friday with analysts after the company reported first-quarter financial results.

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