Billionaire Backtracking
Bill Ackman, one of Trump’s wealthiest backers, has struggled to keep his story straight when it comes to supporting the president’s economic policy.

(Patrick T. Fallon /Bloomberg / Getty Images)
Before tariffs
“I strongly believe that a Trump administration will be better for the country and the world than a Harris administration.”
“We’re stepping into the most pro-growth, pro-business, pro-American administration I’ve perhaps seen in my adult lifetime.”
After tariffs
“What CEO and what board of directors will be comfortable making large, long-term, economic commitments in our country in the middle of an economic nuclear war? . . . The president is losing the confidence of business leaders around the globe.”