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Hedge fund manager Bill Ackman: Speculates that Trump will delay the implementation of tariffs to have time to reach a protocol.
On April 6, renowned hedging fund manager Bill Ackman posted on social media: Before the tariffs take effect, Trump simply does not have enough time to reach a protocol. Therefore, if I wake up on Monday to hear the president announce a delay in implementing the tariffs to allow time to reach a protocol, I would not be surprised. “President Trump has drawn the attention of the entire world and our trade partners, emphasizing the importance of addressing the unfair tariff system that has harmed American workers’ interests and destroyed our industrial base for decades. This is an extremely important issue that needs to be addressed, and we finally have a president committed to solving it. But this issue cannot be resolved in a matter of days, so why not pause and allow the president time to properly address this critical issue and give companies, big and small, time to prepare for changes in the supply chain? The risk of not doing so is that a significant increase in uncertainty will lead the economy into a recession, or even a severe recession. One thing is for sure. Monday will be one of the most interesting days in the history of our nation’s economy.”