Wall Street giant Bill Ackman advocates for suspending tariffs for 1-3 months.

On April 8, Jin10 reported that Bill Ackman, the Wall Street giant who had previously expressed support for Trump, stated that he “advocates for a pause of 30, 60, or 90 days before implementing tariffs tomorrow, so that negotiations can be completed without causing significant disruptions to the global economy.” On Monday, Ackman stated in another post on social media that tariffs could lead to an “economic nuclear winter.” He urged the U.S. president on social media to suspend tariffs while renegotiating trade agreements, stating that tariffs would hinder business investment and consumer spending, and would “severely damage” the United States’ reputation built over many years.