Billionaire Bill Ackman gives 7-word warning on tariff war

Here's what could be next for the market as a global trade war erupts.

Apr 8, 2025 - 14:08
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Billionaire Bill Ackman gives 7-word warning on tariff war

Markets paused their slide on April 7 after a volatile week sparked by President Donald Trump’s announcement of a "reciprocal tariff" of at least 10% for many countries.

The S&P 500 dipped 0.23%, while the tech-heavy Nasdaq gained 0.1%.

Uncertainty still hangs over Wall Street. Investors are now wondering if the worst of the selloff is over or whether a global trade war is just beginning.