Billionaire hedge-fund manager Bill Ackman believes the tariff-driven trade conflict will be short-lived and views the measures as a one-time economic adjustment, not a trigger for ongoing inflation. The Pershing Square CEO told CNBC that resolving tariffs quickly is crucial, warning that prolonged uncertainty could negatively affect second-quarter performance. He acknowledged tariffs may raise some prices but said the impact wouldn’t lead to compounding inflation.
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2025