Billionaire investor Bill Ackman has strongly criticized U.S. President Donald Trump, saying his aggressive trade policies could damage the American economy and scare away investors.
Ackman said Trump’s tariffs may have brought attention to unfair trade practices, but imposing heavy duties on both allies and rivals could backfire. According to Ackman, these actions risk isolating the U.S. from the global economy and weakening trust in America as a reliable trade partner and safe place for investment.
He described Trump’s approach as starting an “economic nuclear war,” warning it could cause serious harm to global trade and the U.S.’s financial reputation.
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