Bill Ackman's Call for a Tariff Pause

Renowned billionaire hedge fund manager Bill Ackman has once again urged for a temporary suspension of new tariffs on China. Speaking on CNBC, Ackman highlighted the need for a strategic pause to allow for negotiations, suggesting a 180-day delay amidst escalating tensions.

The Rationale Behind the Proposal

"The right thing to do, in my view, is we pause on China. Let’s give it a little more time. Maybe it's 180 days because we're going to be busy here," Ackman stated. He emphasized the potential destabilizing effects of rapid tariff increases on the US economy and the adverse impact on small businesses.

China's Incentive to Negotiate

Ackman pointed out that the looming threat of high tariffs has already prompted companies to relocate their supply chains from China. "Because of the shock of 145% of the potential for high tariffs… every company that's producing in China and selling to the US is moving their supply chains elsewhere," he explained, suggesting that this scenario leaves China "highly incentivized" to reach a deal.