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Bill Ackman warns world is on brink of ‘self-induced economic nuclear winter,’ begs Trump to pause tariffs
NY Post ^ | 04/07/2025 | Emily Crane

Posted on 04/07/2025 5:37:34 AM PDT by ChicagoConservative27

Billionaire fund manager Bill Ackman, a staunch President Trump ally, has warned the world is on the brink of a “self-induced economic nuclear winter” – as he begged the commander in chief to pause his sweeping tariffs.

“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,” Ackman wrote in a lengthy X post Sunday night.

“May cooler heads prevail.”

Ackman, who endorsed Trump’s run for President, issued the stark warning as he insisted the US leader’s decision to enforce the 10% tax on imports was quickly losing the confidence of business leaders worldwide.

(Excerpt) Read more at nypost.com ...


TOPICS: Business/Economy; Culture/Society; Foreign Affairs; Government
KEYWORDS: ackman; billackman; brink; economic; nuclear; pause; selfinduced; tariffs; trump; warns; winter; world
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Thoughts concerns? I have heard of Ackman but don't know much about him
1 posted on 04/07/2025 5:37:34 AM PDT by ChicagoConservative27
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To: ChicagoConservative27

Wall Street vs Main Street


2 posted on 04/07/2025 5:39:46 AM PDT by HombreSecreto (The life of a repo man is always intense)
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To: ChicagoConservative27

CORRECTION...

Billionaire fund manager Bill Ackman, a staunch President Trump ally, has warned HIS FIRM AND OTHERS is on the brink of a “self-induced economic nuclear winter”

The cash cow has run dry, Bill.


3 posted on 04/07/2025 5:40:31 AM PDT by stars & stripes forever (Blessed is the nation whose GOD is the LORD. Psalm 33:12)
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To: ChicagoConservative27

Unreal. The stock market goes down a few days and they lose their minds. “Waaaah! We have to continue to allow the entire world to rip off the USA!”


4 posted on 04/07/2025 5:41:10 AM PDT by GrandJediMasterYoda (As long as Hillary Clinton remains free, the USA will never have equal justice under the law)
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To: ChicagoConservative27

Is Ackman daft?


5 posted on 04/07/2025 5:42:09 AM PDT by yldstrk (Nothing like the truth)
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To: GrandJediMasterYoda

I wish someone could explain the panic


6 posted on 04/07/2025 5:42:14 AM PDT by ChicagoConservative27
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To: ChicagoConservative27

The reaction to Trumps tariff policy is “transitory”.


7 posted on 04/07/2025 5:42:43 AM PDT by Oldeconomybuyer (The problem with socialism is that you eventually run out of other people's money)
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To: ChicagoConservative27

“I didn’t think the leopard would eat MY face,” says man who supported the Leopards Eating Faces party.


8 posted on 04/07/2025 5:42:59 AM PDT by babble-on
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To: Oldeconomybuyer

Sounds like Inflation - transitory lol


9 posted on 04/07/2025 5:43:19 AM PDT by ChicagoConservative27
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To: ChicagoConservative27
I know plenty about him. He is a newcomer to the conservative side.

Until recently, Ackman was a longtime supporter of liberal causes and Democratic candidates. He shifted to the right (sort of) in 2024.

That kind of history will not prepare him to understand what Trump is doing.

10 posted on 04/07/2025 5:43:43 AM PDT by RoosterRedux (WWIII has begun. It's the Left in the U.S. and around the world against MAGA. )
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To: ChicagoConservative27

Ackman is NOT a “staunch” Trump supporter. He only came around when he saw that Pres Trump was going to win, again.

He’s part of the WSJ/globalist sect that are melting down over their gravy train being turned over on its side.


11 posted on 04/07/2025 5:44:11 AM PDT by Jane Long (Jesus is Lord!)
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To: ChicagoConservative27
“May cooler heads prevail.”

Trump has waited patiently for 40 years to see this happen. It doesn't get much cooler than that.

12 posted on 04/07/2025 5:45:04 AM PDT by A_perfect_lady (The greatest wealth is to live content with little. -Plato)
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To: GrandJediMasterYoda
Eggzackly. What they are telling us is that they cannot comprehend Trump's plan to restore the country.

Trump is exposing all the rot, not just in our political institutions but in our economy. What he's doing is essential if we are to avoid a real financial disaster.

13 posted on 04/07/2025 5:48:11 AM PDT by RoosterRedux (WWIII has begun. It's the Left in the U.S. and around the world against MAGA. )
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To: ChicagoConservative27

Ackman is a Johnny-Come-Lately to the Trump (conservative) agenda. Likely he is more jumping on a bandwagon and not to be trusted. Calling him staunch supporter is a flat out lie.

Also his concerns have nothing to do with the paycheck-to-paycheck crowd, his panic is all about the wall-street crowd seeing their influence and control being taken away and their finances now part of the same game the “suckers” on the bottom had to live with.


14 posted on 04/07/2025 5:49:38 AM PDT by Skwor
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To: ChicagoConservative27

Globalists and their flying monkeys are panicking over loss of power and control.


15 posted on 04/07/2025 5:52:12 AM PDT by ViLaLuz (2 Chronicles 7:14)
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To: stars & stripes forever

Exactly right.

They don’t know how to spin the fact that they stand to lose a lot of their own greedy money, at least in the short term, so they just change the characterization to scare people.


16 posted on 04/07/2025 5:52:15 AM PDT by z3n (Kakistocracy)
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To: ChicagoConservative27

The Chinese-made chattels ‘our’ multi-nationals sell are generally not made in the USA.

The Chinese are in no position to tariff multi-national/Chinese joint venture products as they are not imported.

If the EU tries to retaliate against stuff made in China by US multi-national/Chinese joint ventures, the Chinese will fight the EU.

The Chinese government doesn’t want joint venture workers to lose hours or jobs.


17 posted on 04/07/2025 5:52:36 AM PDT by Brian Griffin
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To: RoosterRedux
Yep, it amazes me how none of them talk about the fact that we are $36 TRILLION in debt racing toward $40 trillion and they are freaking out about Trump doing something about it.

Eggzackly LOL LOL! I know who that is!


18 posted on 04/07/2025 5:53:13 AM PDT by GrandJediMasterYoda (As long as Hillary Clinton remains free, the USA will never have equal justice under the law)
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To: babble-on

You are very anti-Trump, aren’t you, Babble-On?


19 posted on 04/07/2025 5:55:27 AM PDT by ConservativeMind (Trump: Befuddling Democrats, Republicans, and the Media for the benefit of the US and all mankind.)
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To: ChicagoConservative27
All I know about him was that he was all in on the Covid shutdowns.
20 posted on 04/07/2025 5:57:54 AM PDT by Kid Shelleen (Beat your plowshares into swords. Let the weak say I am strong)
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