Bell Ackman has predicted that Trump may delay the implementation of the proposed tariffs due to political and economic pressures. This decision could have a major impact on the financial markets and the global economy
Billionaire investor Bill Ackman has commented on the possibility of postponing the proposed tariffs of U.S. President Donald Trump, which were scheduled to take effect April 7 Ackman believes that Trump may decide to delay the implementation of tariffs due to economic reasons and mounting pressure from various institutions and activists.
Will Trump postpone the tariffs?
Ackman noted that despite limited time to finalize trade agreements before Tariffs are implemented, it is possible that Trump will decide to delay the process to negotiate more and prepare better. He believes that Trump's phone has been full of calls from different sides in recent days, and that economic pressures could lead him to make a decision again.
Implementation of tariffs and their impact on financial markets
A few days ago, Trump signed an executive order imposing a 10 percent base tariff on all imports from April 5. Additional, more targeted tariffs are also set to take effect April 9 against countries with a negative trade balance with the United States. Ackman believes that delaying the process could be a smart decision and give businesses the opportunity to prepare for these changes.
Economic impacts and recession concerns
Ackman warned that the hasty implementation of tariffs may cause a recession, and that the risk is very serious. However, he has generally supported Trump's tariff policy, calling it a necessary step to address U.S. trade problems. According to Ackman, Trump's aggressive approach has led other countries to pay more attention to their trade policies and make important changes in this regard.Financial markets react to tariffs
The reaction of financial markets to the tariff announcements has also been very strong. On April 4, the US stock market faced significant declines, worth more than the total market value of cryptocurrencies. Meanwhile, digital assets remained relatively stable compared to traditional stocks, which attracted the attention of fans and critics of digital currencies.
Prominent cryptocurrency figures such as Arthur Hayes, founder of BitMEX, and Cameron Winklevoss, founder of Gemini, have also supported Trump's tariff approach. Ackman noted that April 7 could be a fateful day, as Trump's decision to postpone or implement tariffs may shape the economic outlook for the coming months.