Morning Joe's Joe Scarborough criticized billionaire Bill Ackman for not realizing the potential consequences of Trump's tariff policies sooner. After markets reacted poorly to the tariffs and Ackman's calls for a pause in negotiations, Scarborough lambasted him for being part of the MAGA movement while ignoring the inherent risks in Trump's long-stated agenda. He notes how some Republicans are beginning to speak against the tariffs but questions the sincerity of their criticisms, highlighting that Ackman, like many others, ignored Trump's consistent views on tariffs for years.
How can Bill Ackman ever have seen this coming? He's been talking about this since 1987. He believes in this.
People on Wall Street going, 'Oh my God, I'm so shocked. How could this ever happen?' I supported him, but I really didn't think he was.
Tariffs are beautiful things while the rest of the world has been saying, 'No, they're not. They're dangerous.' This is what made the Great Depression extraordinarily bad.
There are some Republicans speaking out. [Senator] Chuck Grassley has spoken out about it. [MAGA commentator] Ben Shapiro says it's unconstitutional.
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