[Video] American billionaires think Trump is an idiot with his STUPID TARIFFS causing them to lose billions of dollars from Crypto and Stocks crashing

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Who Is Bill Ackman, Trump Supporter Slamming Tariff Policy As "Bad Math"

Bill Ackman endorsed Donald Trump in the 2024 presidential election after decades of supporting Democrats, saying the party he once aligned with no longer reflected his values​

• Edited by: NDTV News Desk
• World News
• Apr 08, 2025 13:58 pm IST
  • Published On Apr 08, 2025 10:17 am IST
  • Last Updated On Apr 08, 2025 13:58 pm IST

Bill Ackman is an American billionaire hedge fund manager.

Billionaire investor and Donald Trump supporter Bill Ackman has trained his guns on the US President's latest tariff policy, calling it a dangerous misstep capable of severely damaging America's economic reputation.

In a rare public rebuke, Ackman said Trump's tariff formula was based on "bad math," making the levies appear four times higher than they actually were. "The global economy is being taken down because of bad math," he wrote on X.



Ackman warned that the disproportionate tariffs are undermining the world's confidence in the US as a reliable trading partner. "The President is losing the confidence of business leaders around the globe," he said. "This is not what we voted for."


https://www.ndtv.com/world-news/who...er-slamming-tariff-policy-as-bad-math-8113531

It's manageable so far. If need to, these billionaires can always hire better marksmen than the loser who missed by an inch.

cocobobo said:

It's manageable so far. If need to, these billionaires can always hire better marksmen than the loser who missed by an inch.

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That one was rumoured to be a 自导自演 shot.
I believe it.

glockman said:

Who Is Bill Ackman, Trump Supporter Slamming Tariff Policy As "Bad Math"

Bill Ackman endorsed Donald Trump in the 2024 presidential election after decades of supporting Democrats, saying the party he once aligned with no longer reflected his values​

• Edited by: NDTV News Desk
• World News
• Apr 08, 2025 13:58 pm IST
  • Published On Apr 08, 2025 10:17 am IST
  • Last Updated On Apr 08, 2025 13:58 pm IST

Bill Ackman is an American billionaire hedge fund manager.

Billionaire investor and Donald Trump supporter Bill Ackman has trained his guns on the US President's latest tariff policy, calling it a dangerous misstep capable of severely damaging America's economic reputation.

In a rare public rebuke, Ackman said Trump's tariff formula was based on "bad math," making the levies appear four times higher than they actually were. "The global economy is being taken down because of bad math," he wrote on X.



Ackman warned that the disproportionate tariffs are undermining the world's confidence in the US as a reliable trading partner. "The President is losing the confidence of business leaders around the globe," he said. "This is not what we voted for."


https://www.ndtv.com/world-news/who...er-slamming-tariff-policy-as-bad-math-8113531

Click to expand...

He's just another sneaky, manipulative Jew. He jumps on the trump wagon today, but tomorrow might jump back to D if R in trouble.

Looks like the rich just going to be less rich.....
Maybe the gap between the billionaires will become millionaires & the working class....

glockman said:

Who Is Bill Ackman, Trump Supporter Slamming Tariff Policy As "Bad Math"

Bill Ackman endorsed Donald Trump in the 2024 presidential election after decades of supporting Democrats, saying the party he once aligned with no longer reflected his values​

• Edited by: NDTV News Desk
• World News
• Apr 08, 2025 13:58 pm IST
  • Published On Apr 08, 2025 10:17 am IST
  • Last Updated On Apr 08, 2025 13:58 pm IST

Bill Ackman is an American billionaire hedge fund manager.

Billionaire investor and Donald Trump supporter Bill Ackman has trained his guns on the US President's latest tariff policy, calling it a dangerous misstep capable of severely damaging America's economic reputation.

In a rare public rebuke, Ackman said Trump's tariff formula was based on "bad math," making the levies appear four times higher than they actually were. "The global economy is being taken down because of bad math," he wrote on X.



Ackman warned that the disproportionate tariffs are undermining the world's confidence in the US as a reliable trading partner. "The President is losing the confidence of business leaders around the globe," he said. "This is not what we voted for."


https://www.ndtv.com/world-news/who...er-slamming-tariff-policy-as-bad-math-8113531

Click to expand...

Billionaires will see their paper gains in stock shrunk since consumption is expected to shrink. Brace for correction in the market & a deflationary economy. They will only be less rich but still filthy rich.

UltimaOnline said:

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It's conclusive. Trump, his cabinet, his advisors are all dumb.

It's interesting to see 2 other variables in the denominator.
Is this Trump's strategy for all leaders to start going to find him to negotiate? See who will go find him about how his rates come about?
Even his aid to Ukraine seemed to be put as book prices but not EOL prices. Then likely he will allow negotiations on the amount.

Ironically the reciprocal tariffs were meant to retaliate against other countries' higher tariff to USA. Yet, China came with another retaliation. He can now see which countries will work with USA & which countries will continue to fight.

Trump only cares what the 80pc on Main Street thinks, and not the 20pc with stock holdings in Wall Street.