Bill Ackman criticizes Trump's tariffs, warns of economic crisis, urges better trade deals.
From Stocktwits: 2025-04-07 01:56:00
Billionaire hedge fund manager Bill Ackman criticized President Trump’s tariff policy on social media, warning of a potential global economic crisis. Ackman urged Trump to negotiate better trade deals to prevent an “economic nuclear war.” Wall Street has lost nearly $10 trillion since Trump’s second term began, with the S&P 500 facing more volatility. Ackman denied benefiting from his recommendations and accused Trump’s Commerce Secretary of having a conflict of interest. Trump defended tariffs, calling them a “beautiful thing.” Email newsroom[at]stocktwits[dot]com for updates and corrections.
Read more at Stocktwits: Bill Ackman Says There Won’t Be Any Capital Gains To Tax This Year As Markets Quake From Trump Tariffs
