President Trump has issued a stark warning to international counterparts about retaliating against US tariffs, citing potential for an "economic nuclear winter" as global stock markets decline sharply. Billionaire investor Bill Ackman has joined in cautioning against the tariffs war, suggesting it should cease to avert severe economic repercussions. The FTSE 100 has recently plummeted to a one-year low, while Asian markets faced severe losses, indicating widespread impact. Despite this, Trump remains resolute, asserting the US benefits from tariffs while claiming there is no inflation, highlighting a complex economic situation.
Trump has urged countries not to retaliate against tariffs, warning of an "economic nuclear winter" as global markets suffer significant declines.
Billionaire Bill Ackman warns that the ongoing tariffs war threatens an economic fallout, advocating for a halt to prevent disastrous consequences.
Amidst market turmoil, Trump points to falling oil and food prices, claiming there is "NO INFLATION," while emphasizing the revenue generated from tariffs.
The FTSE 100 has fallen to a one-year low amid the tariff disputes, with the global markets reflecting severe drops as the situation escalates.
Collection
[
|
...
]