HomeFinance NewsAckman Suggests Swift Action for Successful Deal with Trump

Ackman Suggests Swift Action for Successful Deal with Trump

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Vice President JD Vance, during an appearance on ‘Fox & Friends’ with Lawrence Jones, discussed the Trump administration’s ‘Liberation Day’ tariffs and dismissed claims about Elon Musk’s departure from the DOGE team.

President Donald Trump recently declared reciprocal tariffs, an announcement that has stirred global tension as international leaders formulate their responses. Some have hinted at retaliatory measures, while others seek to renegotiate deals in favor of their countries.

Billionaire investor Bill Ackman has advised foreign leaders against delaying negotiations with the U.S., emphasizing the urgency. He communicated this message in a post on X, describing President Trump as a keen dealmaker who perceives international relations as transactional. Ackman characterized the president as both a “tough but fair negotiator,” who is eager to conclude deals efficiently.

Ackman reiterated his stance, suggesting that nations eager to enter discussions are likely to secure more favorable outcomes compared to those that hesitate.

Eric Trump, the president’s son, also urged world leaders to act swiftly in negotiations. He expressed that early negotiators would benefit, while those who delay would possibly face unfavorable terms, based on his long-term observation.

U.K. Prime Minister Keir Starmer has stated that he plans to negotiate terms that serve the U.K.’s interests, indicating a cautious approach. Italian Prime Minister Giorgia Meloni has mentioned efforts to reach an agreement with the United States, according to Reuters.

At the same time, European Commission President Ursula von der Leyen criticized the tariffs as detrimental to the global economy, announcing planned countermeasures intended to protect European interests if negotiations prove unsuccessful.

In contrast, Canadian Prime Minister Mark Carney announced retaliatory tariffs matching Trump’s 25% levy on vehicles not aligned with the USMCA trade agreement, emphasizing that these measures are designed to have maximum impact on the U.S. while minimizing repercussions for Canada, as reported by the Associated Press.

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