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Billionaire investor would 'not be surprised' if Trump postpones tariffs

Coin Telegraph LogoCoin Telegraph1d ago

Billionaire investor would 'not be surprised' if Trump postpones tariffs - Coin Telegraph

Quick Summary:

Ackman — who famously said "crypto is here to stay" after the FTX collapse in November 2022 — said Trump captured the attention of the world and US trading partners, backing the tariffs as necessary after what he called an "unfair tariff regime" that hurt US workers and economy "over many decades". Following Trump’s announcement on April 2, the US stock market shed more value during the April 4 trading session than the entire crypto market is currently worth.

Crypto-friendly billionaire investor Bill Ackman is considering the possibility that US President Donald Trump may pause the implementation of his controversial proposed tariffs on April 7".

Related: Trump tariffs squeeze already struggling Bitcoin miners — Braiins execAckman said a pause would be a logical move by Trump — not just to allow time for closing potential deals but also to give companies of all sizes "time to prepare for changes".

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Article Details

Author / Journalist: Cointelegraph by Ciaran Lyons

Category: Crypto

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-04-06 @ 06:44:51 (1 days ago)

News Timezone: GMT -5:00

News Source URL: cointelegraph.com

Language: English

Article Length: 419 words

Reading Time: 3 minutes read

Sentences: 14 lines

Sentence Length: 30 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Coin Telegraph

News ID: 27611748

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About Coin Telegraph

Coin Telegraph Logo

Main Topics: Crypto

Official Website: cointelegraph.com

Update Frequency: 13 posts per day

Year Established: 2013

Headquarters: United States

News Last Updated: 7 hours ago

Coverage Areas: United States

Ownership: Independent Company

Publication Timezone: GMT -5:00

Content Availability: Worldwide

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #11

Publisher Details

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  • URL: https://beamstart.com/news/billionaire-investor-would-not-be-17439194383076

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