Hedge Fund Manager Bill Ackman: Speculates that Trump will delay the implementation of tariffs to have time to reach an agreement
Well-known hedge fund manager Bill Ackman posted on social media: Before the tariffs take effect, Trump simply does not have enough time to reach an agreement. Therefore, if I wake up on Monday and hear the president announce a delay in implementing tariffs in order to have time to reach an agreement, I will not be surprised.
"President Trump has drawn attention from all over the world and our trade partners, emphasizing the importance of resolving unfair tariff systems that have harmed American workers' interests and destroyed our industrial base for decades. This is an extremely important issue that needs resolution, and we finally have a president who is committed to solving this problem.
But this issue cannot be resolved in just a few days, so why not pause for a moment to give the President time to properly address this key issue and allow companies of all sizes time to prepare for changes in their supply chains? The risk of not doing so is that significant increases in uncertainty could lead us into recession or even severe recession. One thing is certain. Monday will become one of the most interesting days in our country's economic history."
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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