The billionaire crypto-friendly billionaire Bill Ackman is considering the possibility that US President Donald Trump could suspend the implementation of his controversial prices offered on April 7.
“It should be imagined that President Donald Trump’s phone rings.
Trump can postpone prices to conclude more transactions, ACKMAN explains
“So I would not be surprised to wake up on Monday with an announcement by the president that he postponed the implementation of the prices to give him time to conclude agreements,” added Ackman.
On April 2, Trump signed an executive decree establishing a reference rate of 10% on all imports from all countries, which entered into force on April 5. More rigorous reciprocal prices on the trade partners with which the United States has the largest trade deficits are expected to start on April 9.
ACKMAN – Who said that “Crypto is there to stay” after the collapse of the FTX in November 2022 – said Trump drew the attention of the world and American trade partners, supporting prices as necessary after what he called a “faded tariff diet” which injured workers and the American economy “in several decades”.
Following Trump’s announcement on April 2, the American stock market allowed more value during the negotiation session of April 4 than the value of the entire cryptography market. The fact that Crypto resisted better than the US stock market drew the attention of supporters and skeptics of the cryptographic industry.
Source: Cameron Winklevoss
Eminent crypto voices such as the co-founder of Bitmex Arthur Hayes and the co-founder of Gemini Cameron Winklevoss have also recently shown their support for Trump prices.
In relation: Trump’s prices are already tightening bitcoin minors in difficulty – Brains Exec
Ackman said that a break would be a Trump’s logical decision – not only to allow time to conclude potential agreements, but also to give companies of all sizes “time to prepare changes”. He added:
“The risk of not doing so is that the massive increase in uncertainty leads to the economy in a potentially serious recession.”
Ackman said that April 7 will be “one of the most interesting days” in American economic history.
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