Reported 9 days ago
Billionaire investor Bill Ackman is calling for a temporary halt on the implementation of Trump's tariffs, emphasizing that without allowing time for negotiations, these tariffs could cause significant harm to vulnerable businesses and citizens. He warns that the aggressive tariff policies could result in a global economic disruption, escalating trade wars, and potential recession, reflecting rising concerns within corporate America. Despite Ackman's concerns, the Trump administration is set to proceed with the tariffs.
Source: YAHOO