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. Ackman sees signs of a cooling economy and easing inflation, suggesting the Federal Reserve could begin cutting interest rates later this year. He recommended a 180-day pause on China policy to allow time for a deal and give U.S. companies space to adjust supply chains.
