Will Donald Trump's tariffs lead to more stock market turmoil and 'economic nuclear winter'?

Hedge fund manager Bill Ackman has issued a stark warning to the US President, urging him to pause the sweeping package of tariffs revealed last week on his so-called ‘Liberation Day’. In a post on X, Ackman declared: “The President has an opportunity on Monday to call a time out and have the time to execute on fixing an unfair tariff system." “Alternatively, we are heading for a self-induced, economic nuclear winter, and we should start hunkering down,” the post on X also said. Despite pressing that he was sympathetic towards the aims of Trump’s tariffs, saying that the US “is 100 per cent behind the president on fixing a global system of tariffs that has disadvantaged the country”, but “business is a confidence game and confidence depends on trust.” Click the link in our bio to read more of the story 🔗 #donaldtrump #trump #tariffs #liberationday #economy #economics #politics #politicalnews #trade #tradewar #market #markets #marketnews #marketupdate #markettrends #news #worldnews #worldnewstoday #worldeconomy #worldeconomynews