According to the Zhitong Finance APP, billionaire investor Stanley Druckenmiller, known as the &#34;hedge fund god,&#34; has rarely posted on social media, reiterating his opposition to tariff rates exceeding 10%. Stanley Druckenmiller has consistently opposed the United States imposing tariffs greater than 10%. In January of this year, he stated, &#34;As long as we stay within the 10% tariff range, I believe the risks (from tariffs) are exaggerated relative to the returns, and the returns are too high.&#34; Regarding broader tariff issues, he also mentioned that he believes tariffs &#34;are just a consumption tax, with foreigners paying part of it.&#34;
It is reported that Stanley Druckenmiller served as the deputy to &#34;financial shark&#34; George Soros, working for Soros's Quantum Fund from 1988 to 2000, assisting Soros in shorting the British pound in 1992. Scott Bessent, the Treasury Secretary nominated by Trump, was hired by Stanley Druckenmiller in 1991 to join Soros Fund Management.
On April 2 local time, the White House issued a statement saying that Trump announced a national emergency that day to enhance America's competitive advantage, protect U.S. sovereignty, and strengthen national and economic security. On that day, Trump signed two executive orders regarding so-called &#34;reciprocal tariffs,&#34; announcing a 10% &#34;minimum baseline tariff&#34; on trade partners and imposing higher tariffs on certain trade partners.
The Trump administration's imposition of a 10% &#34;minimum baseline tariff&#34; on all trade partners took effect on April 5, Eastern Time, while different, higher &#34;reciprocal tariffs&#34; on countries and regions with the largest trade deficits with the U.S. will take effect on April 9, Eastern Time.
Under the impact of the Trump administration's reciprocal tariff policy, the U.S. stock market experienced its worst week since March 2020. Last week, the Dow Jones Industrial Average fell 7.82%, the S&amp;P 500 Index dropped 9.08%, and the Nasdaq Index declined 10.02%. Notably, the Nasdaq Index has fallen over 20% from its historical peak, entering a technical bear market. Additionally, the volatility index (VIX), known as the &#34;fear index,&#34; rose 109.28% last week.
The market turmoil triggered by Trump's tariff measures continues. On Monday, Asian-Pacific stock markets fell across the board, with U.S. stock indices, crude oil futures, cryptocurrencies, and precious metals all experiencing significant declines.
Meanwhile, Trump showed no signs of abandoning his tariff plans. When asked about the stock market decline last Sunday, he stated, &#34;Sometimes you have to take medicine,&#34; adding that he did not intend to cause a market downturn. Notably, Trump was similarly unfazed by the stock market crash caused by his tariff measures last Thursday. When responding to reporters' questions, he said, &#34;I think things are going very well. This is a surgery. It's like when a patient undergoes surgery; it's a big deal.&#34;
&#34;I've said it before, and I'll say it again.&#34;
Senior economic officials of Trump have recently dismissed investors' concerns about inflation and economic recession, showing no remorse for the market turmoil caused by large-scale tariffs globally, and instead firmly stated that an economic boom is on the way. In addition to trying to downplay the market sell-off triggered by the reciprocal tariff policy, officials from the Trump administration also attempted to mitigate concerns that reciprocal tariffs would lead to a resurgence of inflation. Kevin Hassett, the Director of the National Economic Council at the White House, acknowledged that consumer prices in the U.S. &#34;may rise a bit,&#34; but he suggested that the worries of economists, the Federal Reserve, and some lawmakers have been exaggerated. He also stated that Americans will ultimately benefit from the tax cuts and spending cuts proposed by Trump

Billionaire investor Stanley Druckenmiller rarely posted on social media, reiterating his opposition to tariffs exceeding 10%. He believes that keeping tariffs within the 10% range exaggerates the risks relative to the returns. Druckenmiller was a deputy to Soros and participated in the 1992 operation to short the pound. The Trump administration announced a minimum benchmark tariff of 10% on April 2, leading to the worst week for U.S. stocks since March 2020

- Billionaire investor Stanley Druckenmiller has publicly reiterated his opposition to tariffs exceeding 10%, arguing that risks outweigh rewards within this range.  
- Following President Trump's announcement of a national emergency and the implementation of a 10% minimum baseline tariff, U.S. stock markets experienced their worst week since March 2020, with significant declines across major indices.  
- Despite market turmoil, Trump and his economic officials downplayed concerns about inflation and recession, asserting that a period of economic prosperity is forthcoming.

Legendary investor Druckenmiller rarely posts: Opposes tariffs exceeding 10%!