Wall Street Titans Blast Trump’s Tariffs With Markets Roiled

April 7, 2025, 2:37 PM UTC

Bill Ackman said the US is “heading for a self-induced, economic nuclear winter.” Boaz Weinstein predicted the “avalanche has really just started.” And Jamie Dimon warned it “may be disastrous in the long run.”

One by one, many of the biggest names across Wall Street — some of whom supported President Donald Trump during his election bid last year, and others who merely hoped for looser regulation and economic growth under his administration — are speaking out against his decision to unleash expansive tariffs worldwide, plunging global markets into chaos.

Bill Ackman
Photographer: Jeenah Moon/Bloomberg

The widening criticism comes as Trump offers no indication ...



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