Hedge fund manager Bill Ackman: Trump may delay implementation of tariffs

Renowned hedge fund manager Bill Ackman stated in an article on X that despite President Trump's tough stance announcing the imminent implementation of large-scale tariffs, there is not enough time to complete substantive negotiations with trading partners due to the short time until the tariffs officially take effect. Therefore, he believes that Trump is likely to announce a delay in the implementation of tariffs on Monday. Ackman stated that the "unfair tariff system" is a crucial and urgent issue that cannot be resolved within a few days. Suspending tariffs can not only buy more negotiation time for the president, but also give small and large businesses the opportunity to adjust their supply chain layout. Otherwise, great uncertainty could have an impact on market confidence and even drag the US economy into a severe recession