Billionaire Perot Sees ‘Big Concern’ on Trump Tariff Threats (1)

Ross Perot Jr., a billionaire Texas real estate developer and longtime Republican donor, said President Donald Trump’s tariff threats are emerging as a “big concern” and forcing business leaders to think twice before approving investments.

The uncertainty is prompting Perot to weigh putting a “tariff line” in contracts for the industrial buildings he develops around the US. In other words, he would offer one price without tariffs and a higher one if Trump follows through on plans to slap trade duties on key goods such as steel and aluminum.

“It’s inflationary and it’s confusing,” Perot said in an interview, ...