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The Coin Rise 2025-04-06 10:45:05

Bill Ackman Hints Trump Could Hit Pause on Tariffs: Details

Billionaire investor and longtime crypto supporter Bill Ackman is betting that President Donald Trump may hit the brakes—at least temporarily—on his sweeping tariff rollout. With just hours to go before the next phase of tariffs is set to hit some of America’s largest trade partners, Ackman believes Trump might opt for a calculated pause. Trump to Delay Implementation? In a post on X dated April 5, the Pershing Square Capital Management founder noted, “One would have to imagine that President Trump’s phone has been ringing off the hook. The practical reality is that there is insufficient time for him to make deals before the tariffs are scheduled to take effect.” Trump’s executive order, signed on April 2, introduced a 10% baseline tariff on all imports, effective April 5. But harsher tariffs—targeting countries like China and Germany—are slated to begin April 9, unless Trump changes course. Ackman argues that the delay could serve a dual purpose: it would not only buy time for trade negotiations, but also help avoid an economic shock that could send companies and consumers reeling. Crypto Holds Strong as Stocks Stumble Interestingly, while traditional markets have been jittery since the announcement, crypto assets have shown surprising resilience. The U.S. stock market lost more in value during trading on April 4 than the entire crypto market’s worth. That divergence hasn’t gone unnoticed. Ackman, who voiced strong support for the crypto industry after the collapse of FTX in 2022 , now finds himself on the same page as other crypto power players. Arthur Hayes and Cameron Winklevoss—co-founders of BitMEX and Gemini, respectively—have also recently backed Trump’s trade policies , seeing them as part of a global economic shift that may favor decentralized assets. According to Ackman, Trump pausing tariffs would be a rational move economically. “The risk of not doing so is that the massive increase in uncertainty drives the economy into a recession , potentially a severe one,” he warned. With markets bracing and political pressure mounting, Ackman expects April 7 to be a pivotal moment. “One of the more interesting days in U.S. economic history,” he called it. Whether Trump pivots or powers ahead, the impact on both global trade and crypto markets could be profound. The post Bill Ackman Hints Trump Could Hit Pause on Tariffs: Details appeared first on TheCoinrise.com .

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