Trump Ally Bill Ackman Calls for 90-Day Pause on US Tariffs as Crypto Sinks
Bill Ackman, the hedge fund titan and longtime Donald Trump supporter, has called for a 90-day halt to the U.S. tariff escalation set to take effect on April 9, as markets continue to feel the effects of recently implemented US trade policy.
Without the halt, Ackman warned, the country could be headed for an “economic nuclear winter” that would crush business confidence, halt investment, and lead to mass layoffs.
“This is not what we voted for,” Ackman wrote on X, formerly Twitter. “Business is...
Bill Ackman, the hedge fund titan and longtime Donald Trump supporter, has called for a 90-day halt to the U.S. tariff escalation set to take effect on April 9, as markets continue to feel the effects of recently implemented US trade policy.
Without the halt, Ackman warned, the country could be headed for an “economic nuclear winter” that would crush business confidence, halt investment, and lead to mass layoffs.
“This is not what we voted for,” Ackman wrote on X, formerly Twitter. “Business is...
17 hour ago