Ackman blasts Trump pick as conflict of interest, says global confidence is collapsing

BREAKING: Bill Ackman, a long-time Trump tariff supporter, accuses Commerce Secretary Lutnick of "profiting when the US economy implodes."

He says picking Lutnick as Commerce Secretary is an "irreconcilable conflict of interest."

Tariff backlash is heating up. pic.twitter.com/DdBoEjdECr

— The Kobeissi Letter (@KobeissiLetter) April 7, 2025

See also Trump is threatening Japan with tariffs up to 35% over trade imbalance and rice refusal. Calls Japan “spoiled” and says they won’t take U.S. rice despite shortages.

U.S. INVESTOR BILL ACKMAN ON X: 'THE PRESIDENT IS LOSING THE CONFIDENCE OF BUSINESS LEADERS AROUND THE GLOBE'

— *Walter Bloomberg (@DeItaone) April 7, 2025

See also Trump just made his “Big Announcement” about Russia. He’s giving them another deadline - 50 days or else big tariffs