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Trump Trump’s basic Bill Akman warns of “economic nuclear winter” over tariffs

Image File Getty Images Bill AckmanGets the image

Bill Akman has shifted Trump’s allegiance to the 2024 presidential election

Military-Millder Donald Trump’s Basic Speaker called on the US president to stop his recently announced trading tariffs or risking a “economic in winter caused by well-being”.

Against the backdrop of market disturbances, the head of the hedge -fashion, Bill Akman, said the president should take three months to allow countries to reconsider their trade relations with the US.

On Monday, the warning of Mr. Akman repeated another famous figure on Wall Rate, and JPMorgan Chase chairman Jamie Dimon said Trump’s tariffs risked pushing for Americans.

Despite the shock waves, the US president defended his new import taxes, saying: “Sometimes you need to take medication to fix something.”

He says this step will increase his country with a new job and investment, but economists warn that prices can rise for Americans and ignite the trade war.

Prices for stocks in Europe and Asia continued to fall on Monday, as markets respond to wide, world tariffs announced by Trump last week.

In his message on x On Sunday, Mr. Akman acknowledged the Trump’s argument that the world trade system “instilled” the United States.

But, he wrote, the tariffs that Trump imposed were “massive and disproportionate” and did not distinguish American friends and enemies.

In July 2024, Mr. Akman, the founder of the billionaire of the hedge fund management, became a loud supporter of Trump, Republicans, Republicans.

Previously, he supported a competitive democratic party, and his intervention was regarded as an important selective approval of the business world.

Look: “Sometimes you need to take medicine to fix something” – Trump protects tariffs

In his ads last week, Trump presented a 10% “basic” import tariff in the United States, higher rates up to 50%, which face dozens of other countries – including a number of important production centers in Asia.

Many countries have promised to respond, and China has already been avenged by a new own tariff for goods imported from the US.

Mr. Akman told “Economic War against the World”, which risks destroying the US confidence, commented Mr. Akman.

Mr. Akman said that the American leader has “an opportunity to call in 90 days, agree and solve unfair asymmetrical tariff transactions and cause trillion dollars of new investments in our country.”

His post on Sunday shows that he felt that the ball was back to Trump’s court – after a preliminary report on the X, which called on the leaders of other countries to “pick up the phone” from Trump.

As stock markets around the world continue their decline on Monday, the head of the JPMorgan Chase bank giant offered his own reception by warning “numerous uncertainty” around the new tariff policy.

In a letter to shareholders, Mr. Dimon stated that tariffs are probably increasing inflation and forcing many to consider the recession. “

“The sooner this issue is resolved, the better, because some negative consequences increase cumulative over time and it will be difficult to break,” he wrote.

Trump’s representatives reduced the risk of recession. The basic 10% tariff is already in force, and higher rates face some countries that should take effect on Wednesday.

Speaking aboard the presidential plane on the flight back to Washington on Sunday, Trump himself said that European and Asian countries were “dying to make a deal”.

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