Bill Ackman warns Trump to call a timeout on trade war: ‘This is not what we voted for’
- Bill Ackman warned that Trump's tariffs could lead to an 'economic nuclear winter,' urging that the tariffs be scrapped to maintain business confidence.
- London's FTSE 100 dropped by approximately 5% following Trump's global tariffs, with early sell-offs beginning immediately after markets opened.
- Trump's tariffs have contributed to significant drops in other markets, including Germany's DAX and France's Cac 40, which fell by approximately 6.5% and 5.3%, respectively.
- Ackman stated that Trump's actions are damaging the confidence of business leaders and could severely affect consumers.
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113 Articles
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Left
17
Center
15
Right
16
‘Economic nuclear winter’: Billionaires regret Trump support as tariffs cause stock market plummet
Americans across the country, from billionaires to small business owners, are grappling with the effects of Trump's tariff policy. Meanwhile, Republicans are scrambling for guidance from the White House over how to defend the policy.
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Total News Sources113
Leaning Left17Leaning Right16Center15Last UpdatedBias Distribution35% Left
Bias Distribution
- 35% of the sources lean Left
35% Left
L 35%
C 31%
R 33%
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