Economy

Bill Ackman Advocates for Strategic Delay in Trump's Tariffs to Avert Global Economic Turmoil

Bill Ackman Supports Trump's Tariff Strategy with a Caveat

Renowned billionaire investor Bill Ackman has expressed his strong backing for President Donald Trump's tariff strategy. However, he proposes a brief postponement before its implementation to facilitate negotiations and mitigate potential global economic disruptions.

Proposed Delay to Foster Negotiations

In a detailed post on X, Ackman suggested a delay of 30, 60, or 90 days before the tariffs take effect. This period, he argues, would provide a crucial window for countries to engage in good faith negotiations, thereby avoiding unnecessary harm to the global economy.

A Balanced Approach to Economic Policy

"If a country does not negotiate in good faith, then Donald Trump can bring the hammer down," Ackman stated. He emphasized that implementing tariffs without allowing time for deal-making could lead to avoidable economic strain, advocating for a more measured approach to international trade policies.