Bill Ackman, the liberal billionaire who supported Donald Trump, still supports him on tariffs despite yesterday’s comments. He said, I am totally supportive of President @realDonaldTrump using tariffs to eliminate tariffs and unfair trading practices of our trading partners, and to induce more investment and manufacturing in our country.
However, he prefers a “30, 60, or 90- day pause before the tariffs are implemented tomorrow to enable negotiations to be completed without a major global economic disruption that will harm the most vulnerable companies and citizens of our country.
“If a country does not negotiate in good faith, then @realDonaldTrump can bring the hammer down, but doing so without giving time to make deals creates unnecessary harm.”
We are all concerned about the market, but it came back a bit yesterday, and, surprisingly, Larry Fink said it’s time to buy. That’s what I say. Trust President Trump and Treasury Secretary Bessent. We’re in it now. Let’s now back down yet like our political leaders.
BlackRock CEO Larry Fink says he sees the recent selloff in US equities as a buying opportunity during an interview with Erik Schatzker at The Economic Club of New York https://t.co/me3X0eGFCX pic.twitter.com/J3HIT0clTb
— Bloomberg TV (@BloombergTV) April 7, 2025
So far, nearly 70 countries have approached President Trump for a deal, and he made one with Israel yesterday. It’s best to get in on the ground floor. Trump’s style is to ask for more and then settle. He also likes to keep the opponents guessing. However, don’t underestimate his ability to withstand hellfire and outlast his targets.
Ackman writes in the linked clip: The market is simply responding to Trump’s shock and awe negotiating strategy and factoring in some probability that it will fail or otherwise lead to an extended period of uncertainty that will sink us into a recession.
It’s possible, but it’s too soon to say that. This market downturn is based mainly on fear, not the financial structure.
Some have misinterpreted my thoughts on tariffs. I am totally supportive of President @realDonaldTrump using tariffs to eliminate tariffs and unfair trading practices of our trading partners, and to induce more investment and manufacturing in our country.
I am advocating for a… https://t.co/SnFt8ddv9F
— Bill Ackman (@BillAckman) April 8, 2025
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Fake news made it sound as if Bill Ackman isn’t supportive of President Trump – but he is. President Trump is doing great things for this nation and only the lying Markxist Dems don’t appreciate it.
Ackman misinterprets reality then blames others for it.
These greedy rich people are the ones that lose with fair trade.
Oh, so let’s follow super globalist Larry Fink?
Countries will not come to the table without the reciprocal tariffs being imposed.
Luckily Trump has good people advising him on this, not some double talker like Ackman. He’s one of those that funds leftist universities then defunds them, and soon will likely fund them again. Whatever he thinks helps him is his motive.
I could not care less about companies whose existence is based off of importing cheap junk from China. And I could not care less about California whose economy is based off of the China import industry.
Trump gave a 30 day pause to Canada, but the stupid liberals in charge of Canada used that time to become more combative instead of trying to find a way to meet Trump halfway.
I think Trump is right to put pressure on all those nations, being soft and lenient gets no results.