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

Business Insider Monday, 7 April 2025 ()
"This is not what we voted for," Ackman wrote on X. The hedge investor backed Trump in the election, but says the trade war would cause great economic harm.
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News video: China Slams US Tariffs as 'Economic Bullying,' Warns of Global Instability Amid Escalating Trade War

China Slams US Tariffs as 'Economic Bullying,' Warns of Global Instability Amid Escalating Trade War 03:32

China has blasted the United States for imposing new 34% tariffs, calling the move "economic bullying" and a threat to global stability. Beijing warns that the escalating tariff war may disrupt supply chains, hike consumer prices, and even spark a global recession. In response, China will impose a...

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Billionaire Trump backer warns of 'economic nuclear winter' over tariffs

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US billionaire threatens economic nuclear war on every country

One of the world’s wealthiest individuals, who supported Donald Trump in the election, wrote: “This is not what we voted for.” He warned that the US was...
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