MAGA billionaires balk at Donald Trump’s tariff gambit, warn of ‘economic nuclear winter’

[ad_1] TOI correspondent from Washington: Prominent Trump acolytes and business leaders are jumping of the MAGA tariff train as the US President’s gambit — capricious to some and audacious to others — threatens to derail global trade and commerce that he wants to re-order.In the first signs of dissent in the higher MAGAsphere, Elon Musk […]

Billionaire Bill Ackman Warns Trump: Tariffs Could Lead to Economic Nuclear Winter! | World News

[ad_1] Billionaire hedge fund manager Bill Ackman is pleading with President Trump to hit the brakes on sweeping new tariffs, warning that the global economy is teetering on the edge of a “self-induced economic nuclear winter.”In a lengthy post on X Sunday night, Ackman—once a vocal Trump backer—urged the president to call a temporary timeout.“The […]