Bill Ackman calls for 90-day 'time out' on tariffs, or risk 'self-induced, economic nuclear winter'

Billionaire investor Bill Ackman called for a 90-day "time-out" on President Donald Trump's reciprocal tariffs, warning of the United States bringing forth a "self-induced, economic nuclear winter." 

In a lengthy X post on Sunday, the billionaire founder of Pershing Square hedge fund management argued that the U.S. "is 100% behind the president on fixing a global system of tariffs that has disadvantaged the country," but stressed that business "is a confidence game and confidence depends on trust." 

Ackman...