Apollo’s Rowan Says Trade Chaos Made US ‘Merely Exceptional’

Apollo Global Management Inc. Chief Executive Officer Marc Rowan said the Trump administration “is not wrong” in the goals it’s seeking through tariffs, but that the US risks slowing the economy if it doesn’t resolve uncertainty around trade.

“We are the freest-trading country in the world,” Rowan said Monday in a Bloomberg interview from the Milken Institute Global Conference in Beverly Hills. “It is not clear to me that we have to be, or that we should allow allies and strategic competitors to inhibit our access to their markets.”