In a post on X, Ackman doubted the strategy the Trump administration used to calculate the tariff rates for each country, saying the global economy was being “taken down by bad math.”
“The formula used by the administration to calculate tariffs made other nations’ tariffs appear four times larger than they actually are,” Ackman said, linking to an American Enterprise Institute article that said the math doesn’t make “economic sense.”
“The President’s advisors need to acknowledge their error before April 9th and make a course correction before the President makes a big mistake based on bad math,” Ackman said.
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The post came less than 24 hours after Ackman called for Trump to put a 90-day pause on implementing his tariff plan. Ackman said the United
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