Bill Ackman Urges Tariff Delay – Warns of "Economic Nuclear Winter"
Billionaire investor and hedge fund manager Bill Ackman is sounding the alarm on U.S. trade policy. He's calling on the government to pause its planned tariffs for 90 days, warning that rushing them through without proper agreements in place could lead to a "self-induced economic nuclear winter."
Ackman argues that the current approach—imposing sweeping tariffs on over 60 countries—could stall investment, shake market confidence, and harm America’s global trade reputation. He believes a temporary halt could give room for strategic negotiations, potentially unlocking trillions in new U.S. investments.
Other Wall Street heavyweights like Jamie Dimon and Elon Musk have echoed similar concerns, warning of rising inflation and recession risks.
Yet, President Trump remains firm, dismissing talk of a delay as "fake news" and pushing forward with a 10% across-the-board tariff, triggering global market volatility.
Why it matters for crypto traders:
A potential economic slowdown or trade war could fuel investor uncertainty, traditionally sending capital into alternative assets like Bitcoin and stablecoins. Watch the markets closely—volatility may just be getting started.
Your move, traders. Bullish or bearish?
