Trump Backer Bill Ackman Warns Of “Economic Nuclear Winter” As US Tariffs Sink Global Stock Markets

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Billionaire investor Bill Ackman said that America was heading toward a self-inflicted “economic nuclear winter” as a result of President Donald Trump’s tariff policy rollout. Trump’s latest tariffs set a 10% baseline levy on all imports and introduce reciprocal tariffs, hitting more than 180 countries and hammering global markets ever since the announcement on April 2. But the President brushed aside the market meltdown, saying “sometimes you have to take medicine to fix something”. 00:51 TARIFFS HIT HARD01:07 CHINA RETALIATES01:30 MARKET CARNAGE 01:48 GOLDMAN SACHS RAISES ODDS OF US RECESSION TO 45%02:49 THE GLOBAL CRASH04:05 TRUMP’S STRATEGIC GAMBLE04:50 ECONOMIC NUCLEAR WINTER?n18oc_world n18oc_crux