Bill Ackman says 'time is the friend of the U.S. and the enemy of China' in trade war

Billionaire Bill Ackman Predicts China Will Cave Quickly on Tariffs, Here's Why...

Billionaire investor Bill Ackman warned that China cannot win a prolonged trade war with the United States and must seek a quick deal to avoid lasting economic damage. Key Facts: Bill Ackman said China should strike a trade deal with the U.S. quickly to avoid severe economic consequences. Ackman warned that prolonged tariffs will push companies to move supply chains to other countries like India, Vietnam, Mexico, and the U.S. President Trump ha…

Bill Ackman says 'time is the friend of the U.S. and the enemy of China' in trade war

Billionaire hedge fund manager Bill Ackman said China will need to strike a trade deal with the US quickly as it can’t win a drawn-out trade war that will do severe damage to its economy.  In a post on X, Ackman said Beijing “should be highly incentivized to make a trade deal as quickly as possible” because the longer high tariffs persist, the greater the likelihood that companies will lose faith in China as a market in which they can source or …

Ackman Says Time Is Friend of US, Enemy of China in Trade War

Billionaire hedge fund manager Bill Ackman said China will need to strike a trade deal with the US quickly as it can’t win a drawn-out trade war that will do severe damage to its economy.

There are no winners in the short-term trade war between the US and China. In the longer term, the situation may change.

Bill Ackman, an American billionaire hedge fund manager, said Beijing needs to quickly reach a trade agreement with the United States because a protracted trade war would severely damage the Chinese economy and would become more harmful the longer it lasts.

Billionaire Bill Ackman Says Time Is Friend Of US, Enemy Of China In Trade War

Billionaire hedge fund manager Bill Ackman said China will need to strike a trade deal with the US quickly as it can’t win a drawn-out trade war that will do severe damage to its economy. In a post on X, Ackman said Beijing “should be highly incentivized to make a trade deal as quickly as possible” because the longer high tariffs persist, the greater the likelihood that companies will lose faith in China as a market in which they can source or p…