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'Self-induced nuclear winter': Trump supporter Bill Ackman slams reciprocal tariffs

IndiaTimes Monday, 7 April 2025 ()
Ackman’s remarks come as Trump pushes ahead with a 10% across-the-board tariff on imports, despite mounting concern from global markets and corporate leaders. While Ackman acknowledged the need to reform a global system that has disadvantaged US industries, he said the president’s current approach is backfiring.
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News video: Global market crash: Goldman Sachs increases recession odds to 45% after market meltdown

Global market crash: Goldman Sachs increases recession odds to 45% after market meltdown 03:04

 Goldman Sachs has raised the odds of a major US and global recession, warning that President Trump’s new tariffs could trigger a sharp economic downturn. Amid rising market panic and tightening financial conditions, Goldman forecasts a 45% chance of recession and slashes the US growth forecast for...

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