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The Independent UK
The Independent UK
Gustaf Kilander

Billionaire Trump backer Bill Ackman mercilessly teased after hailing president’s ‘Art of the Deal’ tariffs climbdown

Bill Ackman Donald Trump China Karoline Leavitt Scott Bessent WH White House

Billionaire Trump backer Bill Ackman was relentlessly mocked on X after suggesting that President Donald Trump’s trade policy reversal was “brilliantly executed.”

Trump backed down from most of his “Liberation Day” tariffs on Wednesday, issuing a 90-day pause while ratcheting up the levies on China to 125 percent.

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