BlackRock CEO Lays Out Measures to Take Advantage of Current Rise in Protectionism

MT Newswires Live04-01

BlackRock (BLK) Chief Executive Larry Fink said protectionism is rising, fueled by a growing wealth divide.

Fink's letter comings on the on the heels of a slew of tariffs levied by President Donald Trump on different imports and planned taxes on Wednesday which he called "Liberation Day."

He wrote in his letter that many countries now have two opposing economies: one where wealth keeps growing and another where hardship increases. This divide has changed politics and policies.

"Protectionism has returned with force. The unspoken assumption is that capitalism didn't work and it's time to try something new," Fink said.

BlackRock recently struck a deal with Hong Kong's CK Hutchinson for ports on Panama Canal, which was praised by Trump. However, Fink was not high praises for protectionism without measures.

He added in the letter that offering more investors access to private markets could help address this issue. He said the solution is to "democratize" markets and give current investors access to the market they were not privy to and allow more people to become investors.

Price: 929.89, Change: -16.81, Percent Change: -1.78

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap

Leave a comment

{"i18n":{"language":"en_US"},"isChannel":false,"data":{"share":"https://ttm.financial/m/news/2524797511?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2025-04-01 02:22","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"2524797511","market":"sg","top_or_hot":-1,"title":"BlackRock CEO Lays Out Measures to Take Advantage of Current Rise in Protectionism","media":"MT Newswires Live","content":"<html><body><p> BlackRock (BLK) Chief Executive Larry Fink said protectionism is rising, fueled by a growing wealth divide.</p><p>Fink's letter comings on the on the heels of a slew of tariffs levied by President Donald Trump on different imports and planned taxes on Wednesday which he called \"Liberation Day.\"</p><p>He wrote in his letter that many countries now have two opposing economies: one where wealth keeps growing and another where hardship increases. This divide has changed politics and policies.</p><p>\"Protectionism has returned with force. The unspoken assumption is that capitalism didn't work and it's time to try something new,\" Fink said.</p><p>BlackRock recently struck a deal with Hong Kong's CK Hutchinson for ports on Panama Canal, which was praised by Trump. However, Fink was not high praises for protectionism without measures.</p><p>He added in the letter that offering more investors access to private markets could help address this issue. He said the solution is to \"democratize\" markets and give current investors access to the market they were not privy to and allow more people to become investors.</p><p>Price: 929.89, Change: -16.81, Percent Change: -1.78</p></body></html>","source":"mtnewswires_news","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>BlackRock CEO Lays Out Measures to Take Advantage of Current Rise in Protectionism</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nBlackRock CEO Lays Out Measures to Take Advantage of Current Rise in Protectionism\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1092851196\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://community-static.tradeup.com/news/3002d84abbd5ace3c99397c7f95b8d4e);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">MT Newswires Live </p>\n<p class=\"h-time\">2025-04-01 02:22</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><body><p> BlackRock (BLK) Chief Executive Larry Fink said protectionism is rising, fueled by a growing wealth divide.</p><p>Fink's letter comings on the on the heels of a slew of tariffs levied by President Donald Trump on different imports and planned taxes on Wednesday which he called \"Liberation Day.\"</p><p>He wrote in his letter that many countries now have two opposing economies: one where wealth keeps growing and another where hardship increases. This divide has changed politics and policies.</p><p>\"Protectionism has returned with force. The unspoken assumption is that capitalism didn't work and it's time to try something new,\" Fink said.</p><p>BlackRock recently struck a deal with Hong Kong's CK Hutchinson for ports on Panama Canal, which was praised by Trump. However, Fink was not high praises for protectionism without measures.</p><p>He added in the letter that offering more investors access to private markets could help address this issue. He said the solution is to \"democratize\" markets and give current investors access to the market they were not privy to and allow more people to become investors.</p><p>Price: 929.89, Change: -16.81, Percent Change: -1.78</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"LU2505996681.GBP","symbol_name":"WELLINGTON MULTI-ASSET HIGH INCOME \"AM4H\" (GBPHDG) INC","start_time":0,"source_url":"https://www.mtnewswires.com/","article_id":"2524797511","we_media_id":"1092851196","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2524797511","pubTimestamp":1743445337,"columns":[],"sourceInfo":{"source_id":"mtnewswires_news","name":"MT Newswires"},"weMediaInfo":{"media_name":"MT Newswires Live","introduction":"The most recognized names in North America, Europe and Asia rely on MT Newswires to power their applications. Better news, better service, better price.","home_visible":1,"id":"1092851196","head_image":"https://community-static.tradeup.com/news/3002d84abbd5ace3c99397c7f95b8d4e"},"summary":"BlackRock  Chief Executive Larry Fink said protectionism is rising, fueled by a growing wealth divide.Fink's letter comings on the on the heels of a slew of tariffs levied by President Donald Trump on different imports and planned taxes on Wednesday which he called \"Liberation Day.\"He wrote in his letter that many countries now have two opposing economies: one where wealth keeps growing and another where hardship increases. This divide has changed politics and policies.\"Protectionism has returned with force. The unspoken assumption is that capitalism didn't work and it's time to try something new,\" Fink said.BlackRock recently struck a deal with Hong Kong's CK Hutchinson for ports on Panama Canal, which was praised by Trump. However, Fink was not high praises for protectionism without measures.He added in the letter that offering more investors access to private markets could help address this issue. He said the solution is to \"democratize\" markets and give current investors access to ","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"LU2505996681.GBP":"WELLINGTON MULTI-ASSET HIGH INCOME \"AM4H\" (GBPHDG) INC","LU0742537680.HKD":"FIDELITY GLOBAL DIVIDEND \"A \" (HKD) INC","LU1599440770.SGD":"FIDELITY GLOBAL DIVIDEND \"A\" (SGDHDG) INC","IE00BGHQF748.EUR":"GUINNESS GLOBAL MONEY MANAGERS \"C\" (EUR) ACC","LU2505996509.AUD":"WELLINGTON MULTI-ASSET HIGH INCOME \"AM4H\" (AUDHDG) INC","IE00BVYPNV92.GBP":"GUINNESS GLOBAL EQUITY INCOME \"C\" (GBP) ACC","IE00BGHQF631.EUR":"GUINNESS GLOBAL EQUITY INCOME \"C\" (EUR) ACC","BK4581":"高盛持仓","LU1670627923.USD":"M&G (LUX) NORTH AMERICAN DIVIDEND \"A\" (USD) ACC","IE00B3PB1722.GBP":"GUINNESS GLOBAL EQUITY INCOME \"C\" (GBP) INC","LU2264538146.SGD":"Fullerton Lux Funds - Global Absolute Alpha A Acc SGD","IE00BDGV0183.EUR":"GUINNESS GLOBAL EQUITY INCOME \"C\" (EUR) INC","LU0731783394.SGD":"Fidelity Global Dividend A-MINCOME(G)-SGD","BK4567":"ESG概念","IE00B42XCP33.USD":"GUINNESS GLOBAL EQUITY INCOME \"C\" (USD) INC","LU0208291251.USD":"FRANKLIN MUTUAL U.S. VALUE \"A\" (USD) INC","BK4534":"瑞士信贷持仓","BK4585":"ETF&股票定投概念","LU1201861249.SGD":"Natixis Harris Associates US Equity PA SGD-H","LU0640476718.USD":"THREADNEEDLE (LUX) US CONTRARIAN CORE EQ \"AU\" (USD) ACC","LU0130102774.USD":"Natixis Harris Associates US Equity RA USD","BK4533":"AQR资本管理(全球第二大对冲基金)","LU0070302665.USD":"FRANKLIN MUTUAL U.S. VALUE \"A\" (USD) ACC","LU0980610538.SGD":"Natixis Harris Associates US Equity RA SGD-H","LU1280957306.USD":"THREADNEEDLE (LUX) US CONTRARIAN CORE EQUITIES \"AUP\" (USD) INC","LU0772969993.USD":"FIDELITY GLOBAL DIVIDEND \"A\" (USD) ACC","LU0648001328.SGD":"Natixis Harris Associates US Equity RA SGD","LU1481011671.HKD":"FIDELITY GLOBAL DIVIDEND \"A\" (HKDHDG) INC","LU2592432038.USD":"WELLINGTON MULTI-ASSET HIGH INCOME \"A\" (USD) ACC","LU1989771016.USD":"东方汇理环球老龄化投资基金 A2 Acc","LU2430703095.HKD":"WELLINGTON MULTI-ASSET HIGH INCOME \"AM4\" (HKD) INC","LU1291159041.SGD":"CPR Invest - Global Silver Age A2 Acc SGD-H","BK4535":"淡马锡持仓","LU1064131342.USD":"Fullerton Lux Funds - Global Absolute Alpha A Acc USD","BLK.AU":"Blackham Resources Ltd","LU1988902786.USD":"FULLERTON LUX FUNDS GLOBAL ABSOLUTE ALPHA \"I\" (USD) ACC","BK4504":"桥水持仓","LU1481011911.USD":"FIDELITY GLOBAL DIVIDEND \"A\" (USDHDG) INC","LU1074936037.SGD":"JPMorgan Funds - US Value A (acc) SGD","LU2430703178.SGD":"WELLINGTON MULTI-ASSET HIGH INCOME \"AM4H\" (SGDHDG) INC","BK4135":"资产管理与托管银行","BLK":"贝莱德","IE00BVYPNW00.USD":"GUINNESS GLOBAL EQUITY INCOME \"C\" (USD) ACC","LU0731783048.USD":"FIDELITY GLOBAL DIVIDEND \"A\" (USD) INC MONTHLY (G)","LU0320765489.SGD":"FTIF - Franklin Mutual US Value A Acc SGD","BK4588":"碎股","LU2430703251.USD":"WELLINGTON MULTI-ASSET HIGH INCOME \"AM4\" (USD) INC","LU1509826696.USD":"FIDELITY GLOBAL DIVIDEND \"A\" (USD) INC B","IE00B64PRP62.GBP":"GUINNESS GLOBAL MONEY MANAGERS \"C\" (GBP) ACC","IE00B3QW5Z07.USD":"GUINNESS GLOBAL MONEY MANAGERS \"C\" (USD) ACC"},"translate_title":"贝莱德首席执行官制定了利用当前保护主义抬头的措施","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"BLK":1,"BLK.AU":1},"content_text":"BlackRock (BLK) Chief Executive Larry Fink said protectionism is rising, fueled by a growing wealth divide.Fink's letter comings on the on the heels of a slew of tariffs levied by President Donald Trump on different imports and planned taxes on Wednesday which he called \"Liberation Day.\"He wrote in his letter that many countries now have two opposing economies: one where wealth keeps growing and another where hardship increases. This divide has changed politics and policies.\"Protectionism has returned with force. The unspoken assumption is that capitalism didn't work and it's time to try something new,\" Fink said.BlackRock recently struck a deal with Hong Kong's CK Hutchinson for ports on Panama Canal, which was praised by Trump. However, Fink was not high praises for protectionism without measures.He added in the letter that offering more investors access to private markets could help address this issue. He said the solution is to \"democratize\" markets and give current investors access to the market they were not privy to and allow more people to become investors.Price: 929.89, Change: -16.81, Percent Change: -1.78","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"1","news_tag":"","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":false,"code":"91000000","status":"200"},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"deviceId":"web-server-community-laohu8-v3","version":"4.35.12","shortVersion":"4.35.12","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2524797511","isCrawlerRequest":true}