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The Independent UK
The Independent UK
Mike Bedigan

These billionaires were firmly behind Trump and Republicans. That was until tariffs were announced

Donald Trump Elon Musk Jamie Dimon Truth Social Bill Ackman Ken Fisher JP Morgan Chase Tesla Inc.

President Donald Trump’s tariff plans caused panic in the stock markets and concerned American households. It also had some of his wealthiest backers speaking out against his policies.

They are likely now breathing a sigh of relief after the president reversed course and announced a pause on the plan.

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