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International Business Times
International Business Times
Business
Vidhya Ck

'This Is Not What We Voted For': Bill Ackman Urges 90-Day Tariff Pause To Prevent Economic Crisis

Bill Ackman William Ackman Donald Trump United States Commerce Howard Lutnick Economy
Billionaire William Ackman warned that tariffs will drive up prices for goods and services, a problem that Trump’s advisors have downplayed. (Credit: AFP)

Billionaire hedge fund investor Bill Ackman has issued a strong warning that the United States could face a self-inflicted "economic nuclear winter" due to President Donald Trump's tariff policies.

Ackman, in a social media post, expressed concern that Trump's tariff approach is losing the confidence of global business leaders. According to Ackman, when businesses lose confidence, it can lead to negative consequences for the entire economy.

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