June 8, 2025
Sydney 29

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

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 publicly […]

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

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 President […]