‘Nonsense and stupid’: Trump’s tariff war will cause global damage, says Grosvenor boss

Policy will eventually right itself, adds Mark Preston, who heads Duke of Westminster's property group

Donald Trump's global tariff trade war is nonsense and stupid" and will damage every country in the world, including the US, the boss of one of Britain's most powerful property companies has said.

Mark Preston, chief executive of the 348-year-old Grosvenor Group, controlled by the Duke of Westminster, said he was convinced" that the president's sweeping tariff policies would ultimately be removed.