Microsoft’s former CEO Steve Ballmer on Trump tariffs: As Microsoft shareholder, this kind of thing is not good; but it creates opportunity to …

Microsoft former CEO Steve Ballmer recently said that the new tariffs announced by President Donald Trump will have an effect on consumers, adding that investors will feel the pain, too. Speaking to CNBC on the company’s 50th anniversary celebrations, Ballmer said “As a Microsoft shareholder, this kind of thing is not good”, further adding that “It creates opportunity to be a serious, long-term player.” The panel interview also included Microsoft’s current CEO Satya Nadella and former CEO Bill Gates.

President Trump announced reciprocal tariffs on over 90 countries last week.