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LinkedIn co-founder and venture capitalist Reid Hoffman criticized Trump’s tariffs policy, writing in a post on X, “This is a long game to hurt everyday Americans and consolidate power at the top.”
Hoffman is a major Democratic donor and was an outspoken supporter of Kamala Harris during her presidential run. He has frequently criticized the Trump administration and previously expressed concern that Trump could retaliate against business leaders who didn’t back him.
In his post Thursday, Hoffman said the Trump administration has eroded trust in U.S. markets, “first with crypto grifts,” and now with tariff policies “drafted by a team that can’t even do basic mathematics.”
