Gross: Trump's pre-term policies reminiscent of Mussolini

Critic of the US President-Elect

clock • 1 min read

Bond fund manager Bill Gross has compared US President-Elect Donald Trump to Italian dictator Benito Mussolini for his desire to exert government control.

Speaking to Bloomberg, Gross (pictured), who manages the $1.7bn Janus Global Unconstrained Bond fund, voiced his opposition to the incoming president. He particularly criticised Trump's desire to move companies back to the United States and charge high taxes to import items across the border, which the President-Elect has been vocal about on Twitter and as part of his campaign. Gross said: "Some of these pre-term policies, where he is cajoling companies to move production back into the United States - that is fine - but it reminds me to some extent of policies in Italy long ago associ...

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