Pro-Trump Hedge Fund Billionaire Bill Ackman Warns Trump's Tariffs Could Lead to 'Economic Nuclear Winter'

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Summary

The US risks 'economic nuclear war' if it doesn't scale back tariffs immediately, Bill Ackman says

Billionaire hedge fund investor Bill Ackman is ringing the alarm over Washington's tariff spree, warning that President Donald Trump's policy must be delayed.

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Business Insider

Bill Ackman Slams Commerce Secretary Howard Lutnick For Ignoring Stock Market Crash: 'He And Cantor Are Long Bonds' - Invesco QQQ Trust, Series 1 (NASDAQ:QQQ), SPDR S&P 500 (ARCA:SPY)

Investor Bill Ackman has criticized Commerce Secretary Howard Lutnick of having a conflict of interest and being “indifferent” toward the stock market selloff induced by the introduction of tariffs because of the latter’s fund, Cantor Fitzgerald LP’s exposure to bond investors.

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Benzinga

Investor in Summerlin’s developer fears ‘economic nuclear war’ over tariffs

Ackman, the billionaire founder and CEO of New York-based Pershing Square Capital Management, said on X on Sunday that Trump has elevated tariffs to the most important geopolitical issue in the world and that other countries have taken advantage of the U.S. by protecting their home industries.

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Las Vegas Review-Journal

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News Results

Bill Ackman turns on Trump’s tariffs after lambasting Howard Lutnick - Washington Examiner

In a post on X, Bill Ackman questioned the Trump administration’s strategy for calculating the tariff rates for each country.

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9d ago

Hedge fund billionaire turns on Trump over ‘economic nuclear winter’

Bill Ackman, a prominent financier and one-time Trump supporter, said the tariffs were a ‘mistake’ He called for a 90-day ‘time-out’ to allow more time to negotiate. Mr Trump’s trade war has sent the global economy reeling in recent days.

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8d ago

Bill Ackman says Trump tariffs will bring 'an economic nuclear winter' — and urges a 'ceasefire'

Bill Ackman says the U.S. is 100% behind the president on fixing a global system of tariffs that has disadvantaged the country. But, business is a confidence game and confidence depends on trust, he says. “We are heading for a self-induced, economic nuclear winter, and we should start hunkering down,” he adds.

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8d ago

Bill Ackman’s main fund drops 15% this year as he criticises Donald Trump’s policies

Stay on top of the latest events in US politics with the FT’s trusted and impartial coverage. Follow the latest on tariffs and executive orders. Insight and analysis on US politics from commentators such as Ed Luce and James Politi. This subscription does not include access to ft.com or the FT App.

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8d ago

The Face-Eating Leopards Are Munching On A Billionaire's Face

"This is not what we voted for," says billionaire hedge fund investor Bill Ackman. "When markets crash, new investment stops, consumers stop spending money," he says. "We are heading for a self-induced, economic nuclear winter," he adds. "I don't know of one who will do so," Ackman says.

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8d ago

Even Trump's Biggest Fans on Wall Street Aren't Loving His Tariffs

Bill Ackman is the billionaire CEO of hedge fund Pershing Square. He is one of President Donald Trump's most fervent supporters on Wall Street. Ackman urged Trump to call a "90-day time out" to allow for negotiations. He equated Trump's tariffs with declaring "economic nuclear war on every country in the world"

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8d ago

Uh Oh Bil Ackman Is Ticked Off as Market Drops

Ackman pointed out that Lutnick and his firm, Cantor Fitzgerald, are long bonds, suggesting they profit from economic downturns. Ackman: I am long America and he is short. He is no longer angry with Democrats: "I have no anger toward Dems. Just disappointment"

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8d ago

Bill Ackman warns world is on brink of ‘self-induced economic nuclear winter,’ begs Trump to pause tariffs

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8d ago

Bill Maher Heaps PRAISE on Trump — As President is Savaged by Billionaire Backer Bill Ackman For Putting U.S. On Course For 'Economic Nuclear Winter' Amid Global Stock Market Meltdown

Maher, 69, praised Trump, 78, as "one of the most effective" presidents. The comedian appeared to change his tune about the controversial president after attending a dinner at the White House organized by Kid Rock. Billionaire Bill Ackman, who once endorsed Trump, warned his tariffs were going to unleash an "economic nuclear war"

MIDDLE

8d ago

MAGA Billionaire Dramatically Turns on Trump’s Tariff Cheerleader

Bill Ackman, a Democratic Party donor turned MAGA cheerleader, started his onslaught late Sunday by saying that President Donald Trump’s commerce secretary “profits when our economy implodes.” Ackman was suggesting that Lutnick stands to gain as stocks tumble and investors turn to more stable bonds. “I am long America and he is short,” he wrote.

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8d ago

Bill Ackman Warns World Is On Brink Of ‘Self-Induced Economic Nuclear Winter’

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

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9d ago

Trump ally warns of 'economic nuclear winter’ after tariffs crash economy

Billionaire warns of 'economic nuclear winter' after tariffs crash economy. Billionaire says 'business investment will grind to a halt' as global stock markets plummet. 'The President is losing the confidence of business leaders around the globe,' he said. Trump continues to stand firm behind tariffs that Ackman said are going to be 'severely negative'

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9d ago