Citi’s Raghavan Says Sanity Should Prevail on New Tariff Threats

Jan. 20, 2026, 12:26 PM UTC

Citigroup Inc.’s global banking head Vis Raghavanbelieves investors will pull through the initial “shock and awe” from US President Trump’s latest tariff threats to Europe.

“Hopefully sanity prevails and then you find some compromise, and folks will have to adjust, and this will land well,” Vis Raghavan said in a Bloomberg Television interview in Davos. “History shows us, yes, we will get there,” he said, pointing to last April’s tariff announcements that were later modified and are now “pretty much assimilated” into the markets.

Viswas Raghavan in Davos, on Jan. 20.
Photographer: Chris J. Ratcliffe/Bloomberg

Donald Trump has said he’ll meet “various parties” in Davos to discuss his ...

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