Bill Ackman: 'Just Pick Up The Phone'—Says Trump Will Reward Early Dealmakers, Punish Foreign Tariff Retaliation
Benzinga (Thu, 03-Apr 11:13 PM)
As global markets shed $2 trillion in value following President Donald Trump‘s sweeping reciprocal tariffs, billionaire investor Bill Ackman offered pointed advice to foreign leaders.
What Happened: “My advice to foreign leaders is that if you have not already reached out to President Donald Trump, you need to do so immediately,” the Pershing Square Capital Management CEO wrote Thursday on X. “Trump is, at his core, a dealmaker who sees the world as a series of transactions.”
Ackman’s comments come as financial markets experience their worst sell-off, which echoes the COVID-19 pandemic-era routs. Apple Inc. (NASDAQ:AAPL) plunged 9.25%, while NVIDIA Corp. (NASDAQ:NVDA) tumbled 7.81% and Amazon.com Inc. (NASDAQ:AMZN) dropped 8.98%.
The investor emphasized Trump’s negotiation approach: “Based on his track record to date ...
