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HUNKER DOWN

Trump’s Top Wall St. Bro: Tariffs Could Trigger ‘Economic Nuclear Winter’

Bill Ackman warned of devastating consequences if President Donald Trump rolls out his sweeping new tariffs this week.

Bill Ackman, chief executive officer and portfolio manager at Pershing Square Capital Management, speaks during the SALT conference in Las Vegas, Nevada, U.S. May 18, 2017.  REUTERS/Richard Brian

REUTERS

A billionaire Trump loyalist warned of an “economic nuclear winter” as the administration’s devastating new tariffs sent U.S. stock futures and Japan’s Nikkei into a nosedive on Sunday.

Bill Ackman, a Democratic Party donor-turned-MAGA firebrand, begged President Donald Trump for the second night in a row to pause the rollout of his retaliatory tariffs that wiped out $6.6 trillion in market value last week.

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