US EditionCommerce Secretary Howard Lutnick Faces Conflict of Interest Accusations Amid Market Turmoil
- Bill Ackman urged President Donald Trump to pause new tariffs, warning they could devastate the U.S. Economy if implemented as planned on Wednesday.
- Ackman stated that the U.S. Risks an 'economic nuclear war' without a delay, which could lead to market crashes and job losses.
- Ackman highlighted that Trump should announce a 90-day timeout to negotiate better trade deals, warning of severe negative consequences for citizens.
- The immediate impact of Trump's tariffs caused significant drops in U.S. Stock futures and the Nikkei index, emphasizing the global economic turmoil.
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Bill Ackman warns world is on brink of ‘self-induced economic nuclear winter,’ begs Trump to pause tariffs
Billionaire fund manager Bill Ackman, who endorsed Donald Trump's run for President, said the US leader was losing the confidence of business leaders and should pause his trade war.
·New York, United States
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'Destroying confidence in our country': Trump-backing billionaires in full tariff revolt
Donald Trump was waking up Monday to news that some of his most prominent backers on Wall Street are joining forces to attack him over his tariff policies, with one saying he has put the country on a path to a "self-induced, economic nuclear winter.”In interviews with the Wall Street Journal and CNB...
·United States
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Coverage Details
Total News Sources62
Leaning Left9Leaning Right11Center10Last UpdatedBias Distribution37% Right
Bias Distribution
- 37% of the sources lean Right
37% Right
L 30%
C 33%
R 37%
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