Bill Ackman warns: The U.S. is heading toward an economic nuclear winter, calls for a pause on tit-for-tat tariffs

Billionaire Bill Ackman urged Trump to suspend reciprocal tariffs for 90 days, saying that the U.S. is heading towards "economic nuclear winter".

In a post, he said that the imposition of global tariffs on April 9 was a mistake, and hoped that Trump would suspend its implementation and resolve the trade deficit through negotiations.

Ackman is an ally of Trump and supported him during the election campaign.

Original article: https://www.toutiao.com/article/1828721328368652/

Disclaimer: The article only represents the author's personal opinions.