Published Date: 07.04.2025 14:41 / Politics

Ackman Calls for Tariff Delay

Ackman Calls for Tariff Delay

Billionaire hedge fund manager Bill Ackman called on the Trump administration Monday to postpone the implementation of new reciprocal tariffs for 90 days. In a post shared on X, Ackman argued that the delay would provide an opportunity for private negotiations with key trading partners, particularly those with protectionist policies that negatively impact U.S. manufacturing competitiveness.

“We pause reciprocal tariff implementation for 90 days so we have time to engage in private negotiations with other countries, focusing first on those whose tariffs and practices have materially interfered with the competitiveness of U.S. manufactured goods in their markets,” Ackman wrote.

In addition to the temporary delay, Ackman proposed instituting a flat 10% tariff across all imported goods as a permanent baseline. He described this as a “special privilege” charge for doing business with the United States and suggested it could serve as a long-term mechanism to balance trade.

Ackman emphasized the need to maintain economic pressure on China, calling for continued enforcement until key issues—such as intellectual property theft, currency manipulation, and other unfair trading practices—are fully addressed. His remarks align with the administration’s ongoing push for reciprocal trade agreements that aim to reset the balance with major global partners.

The billionaire investor’s comments come at a critical juncture as businesses and financial markets react to escalating trade tensions. His proposal adds to a growing chorus of voices advocating for a more measured and strategic approach to tariff policy, rather than abrupt implementations that risk disrupting global supply chains.

Whether the White House will consider Ackman’s proposal remains uncertain, but the call reflects a broader demand for flexibility and diplomacy in reshaping the United States’ international trade relationships.