Economy

Billionaire Bill Ackman Advocates for Strategic Delay in Trump's Tariff Implementation

Bill Ackman Supports Trump's Tariffs but Suggests a Brief Delay

Renowned billionaire investor Bill Ackman has expressed his strong backing for President Donald Trump's tariff strategy. However, he proposes a temporary pause before its enforcement to mitigate potential global economic disruptions.

Strategic Pause for Negotiations

In a detailed post on X, Ackman recommended a 30, 60, or 90-day delay in the implementation of tariffs. This period, he argues, would provide a crucial window for negotiations, ensuring that the measures do not inadvertently harm the global economy.

A Call for Good Faith Negotiations

"If a country does not negotiate in good faith, then Donald Trump can bring the hammer down, but doing so without giving time to make deals creates unnecessary harm," Ackman stated, emphasizing the importance of allowing time for diplomatic discussions.