Billionaire Trump Supporter Bill Ackman Begs Him For '90 Day Time-Out' on Tariffs to Avoid 'Economic Nuclear War'

[Mr. Sparkle]

Source: Mediaite.com

Billionaire investor Bill Ackman, a very public supporter of President Donald Trump who was out front during the 2024 campaign, begged the president on Sunday to delay his sweeping new tariff policy set to take effect this week, warning Sunday it could trigger an “economic nuclear war.”

In a lengthy post on his X page, the hedge fund manager called for a 90-day pause to give time for negotiations and avoid a global loss of confidence in the US. The tariffs, part of Trump’s plan to rectify what he has classified as decades of wrongs in trade relationships, are scheduled to take effect on April 9. “Business is a confidence game,” Ackman wrote. “The president is losing the confidence of business leaders around the globe.”

Ackman, the founder and CEO of Pershing Square Capital, said he agrees with Trump’s goal of fixing what he called a broken and unfair global tariff system. But he warned that imposing massive tariffs on allies and adversaries risks freezing investment, damaging consumer confidence, and crushing the economy.

“If we go forward with this, markets will crash, consumers will stop spending, and companies will cut investment and jobs,” Ackman wrote. He also warned that small and mid-sized businesses would be hit the hardest as they would be unable to absorb increases in their operating costs. Ackman also said the country is on the verge of losing its reputation as a reliable trade partner and place to invest. “This is not what we voted for,” he said.

Read more: https://www.mediaite.com/news/billionaire-trump-supporter-bill-ackman-begs-him-for-90-day-time-out-on-tariffs-to-avoid-economic-nuclear-war/

[CrispyQ]

1. "We wanted Trump-lite."

I've heard that a few times since March.

[Ray Bruns]

27. Those fuckers are getting exactly what they voted for and they deserve it.

Anyone paying attention for the last ten years knew exactly what stinky was going to do.

[C_U_L8R]

2. Toady Ackman wants a mulligan.

Sorry pal, you broke it you bought it. The path to prosperity begins with Trump's and Musk's resignations. They are the peak of the problem... and all the dogey rottenness below them needs to jettisoned posthaste.

[EarthFirst]

3. But it IS what you voted for...

75 million of us warned you for MONTHS that this was a disaster in creation.

We warned you that Project 2025 was a ROADMAP to our destruction.

All the warning signs were clearly defined and vocalized.

You DID vote for this!

[dweller]

4. Bill Ackman also said this

Today, Bill Ackman resorted to defending the tariffs by posting:

“Sometimes the best strategy in a negotiation is convincing the other side you are crazy”


He’s listening , Bill




✌🏻

[Trumpdumper]

9. The problem is that he IS crazy

… which is far different from the subtle and rational mentality required for economic negotiations

[Silent Type]

5. Right now, glad to see some speaking up. Heck, even Ted Cruz is critical of trump. They are still A-holes, of course.

[Frasier Balzov]

6. Here are the reasons Ackman originally gave for backing Trump.

Link to tweet

?lang=en

[SunSeeker]

23. And here is Stuart Stevens' brilliant point by point response to Ackman.

Link to tweet

[Trumpdumper]

7. Fuck you, Bill Ackman, for thinking ...

that Trump would line your coffers more generously than Biden … and for accepting the notion of a malignant narcissist as your national leader.

[sakabatou]

8. Awww, Ackman, did a leopard finally eat your face?

[CaptainTruth]

10. The dumbass supported Trump, he supported this.

"I didn't think the ignorant orange leopard would eat MY face!"

[travelingthrulife]

11. How do these foolish business people get so rich?

[Sessuch]

13. STOP THE TARIFFS

I AM LOSING TOO MUCH MONEY!

[not fooled]

14. Yeah, just look at his reasons for supporting Krasnov

That tweet where he lists his reasons for supporting red don reads like a transcript from the Fox Propaganda Channel. Anyone who swallows that garbage uncritically IS foolish. smdh.

This country...the stoopid.

[Prof. Toru Tanaka]

25. As soon as I saw reason #8 (DEI) I stopped.

Ackman is a loon and his job as a hedge fund manager is about as useless as a lobbyist as far as I am concerned. Fuck you Ackman- you voted for this so quit whining, poor little rich boy.

[delisen]

12. Ackman did not care about women or children

He did not care about disabled people. He did not care about Ukrainians being menaced by Putin. He cared only about himself and money for himself when he became a backer and cheerleader for Trumpism.

Now he must let the leopard feed or at least nibble dangerously on his face because he must carefully just beg Trump to have mercy on him and give him time 90 days to get his finances secured before Trump impoverishes to rest of us.

[SamKnause]

15. Fuck you. I hope he bleeds all the rich fucks dry.

Fuck you. You don't give a damn about this country or its people.

All you care about is money.

Fuck you.

[orangecrush]

17. +1

[hatrack]

16. This IS what you voted for, you greedy boot-licking toady . . . .

Because you wanted more money More Money MORE MONEY than you could ever spend in a lifetime.

Well here we are, motherfucker. You were used, he took your money, he got what he wanted, and you're standing there with egg on your droopy face, squealing that "this isn't what you voted for".

The fuck it isn't.

[wolfie001]

18. Greedy stupid clown patrol offering free advice

Fuck off bastard!

[IbogaProject]

19. Nope

First our position in the world is already sullied, everyone else is just going to do their best to basically ignore us. Sorry Bill Greedy Hedgefunder you have more to loose so suck it up, and strap in for the ride you chose to push us into.

[drray23]

20. That wont restore confidence.

Why would countries trust that after 90 days it would not resume ? Or that Trunp would not change his mind 3 days later and restore the tariffs ?
The only way to stop it for good is for congress to take back the tariffs powers from the presidency.
There is already support in the senate for such a bill with seven Republicans for it.
I am hoping that if the global economy keeps crashing there will be enough support to pass it.
Given the small majority in the house, it can also be forced there via a privileged motion.

[Hassler]

21. FU Bill. FAFO

[dchill]

22. "This is not what we voted for," he said.

So precious that you thought it was going to be about what YOU voted for. So special.

[flamingdem]

24. He is behind the attack on academia

due to the Palestinian protests.

I'm glad he's saying something but he is responsible for major maga bs.

[aeromanKC]

26. Sticks my head out the window......

Nope, Hell did not freeze over.

[Bengus81]

28. Was Billionaire Bill begging Musk to leave Social Security alone??

Now that the SHIT STORM has come home to roost in your Hedge Fund backyard you want things changed eh??