From CNBC: 2025-04-09 15:34:00

Bill Ackman, CEO of Pershing Square Capital Management, expressed relief after Trump dropped reciprocal tariffs, leading to a stock market rally. Ackman praised Trump’s negotiating tactics but warned of potential economic harm. He urged a pause in tariffs to prevent an “economic nuclear winter” and criticized Commerce Secretary Lutnick for conflict of interest.

Read more: ‘Thank you on behalf of all Americans’