Economy

Billionaire Bill Ackman Supports Trump's Tariffs but Advocates for a Strategic Delay to Avoid Economic Disruption

Billionaire Backs Trump's Tariff Strategy with a Twist

Bill Ackman, a prominent billionaire investor, has publicly expressed his strong support for President Donald Trump's tariff strategy. However, he proposes a brief pause before their implementation to foster negotiations and mitigate potential global economic disruptions.

Call for a Pause: A Strategic Move

In a detailed post on X, Ackman suggested a delay of 30, 60, or 90 days before the tariffs take effect. This interval, according to him, would provide a crucial window for diplomatic negotiations, ensuring that any measures taken are both necessary and justified.

A Balanced Approach to Trade Policies

"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 remarked. His statement underscores the importance of a balanced approach to trade policies, advocating for both strength and flexibility in international relations.