Bill Ackman warns Trump is losing business leaders’ confidence

Billionaire fund manager Bill Ackman, a supporter of Donald Trump’s presidency, has recently expressed concerns about the impact of the ongoing trade war on the confidence of business leaders. Ackman believes that President Trump should consider pausing the trade war to prevent further damage to the economy.

In a statement shared on X, Ackman suggested that President Trump could benefit from calling a 90-day timeout to engage in negotiations and resolve trade issues peacefully. He emphasized the importance of diplomacy and dialogue in addressing trade disputes, rather than escalating tensions through tariffs and trade restrictions.

Ackman warned that a prolonged trade war could have devastating consequences for the global economy. He cautioned that if the United States continues to escalate trade tensions with other countries, it could lead to a significant decline in business investment, consumer spending, and overall economic growth. Moreover, he stressed that such actions could tarnish the country’s reputation on the world stage and take years to repair.

The billionaire investor urged President Trump to consider the long-term implications of his trade policies and prioritize the interests of American businesses and consumers. By taking a more diplomatic approach to trade negotiations, Ackman believes that the United States can avoid the negative consequences of a full-blown trade war and maintain its standing as a global economic leader.

As the debate over trade policy continues to unfold, Ackman’s perspective offers a valuable insight into the potential risks and rewards associated with President Trump’s trade agenda. By advocating for a more measured and strategic approach to international trade, Ackman hopes to steer the administration towards policies that promote economic growth and stability in the long run.