Article 6WETM Bill Ackman urges Trump to pause ‘economic nuclear war on every country’

Bill Ackman urges Trump to pause ‘economic nuclear war on every country’

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Guardian staff and agencies
from US news | The Guardian on (#6WETM)

Billionaire fund manager tries to persuade US president over tariffs, which have wiped $6tn off US stocks

Donald Trump supporter and billionaire fund manager Bill Ackman has said the president is losing the confidence of business leaders and should pause his trade war - which could cause an economic collapse while damaging his supporters the most.

The president has an opportunity to call a 90-day time out," Ackman said Sunday in a post on X, to resolve trade issues via negotiation.

Reuters contributed reporting

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