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Bill Ackman warns Trump is losing business leaders' confidence

Billionaire fund manager Bill Ackman, who endorsed Donald Trump's run for President, said the US leader was losing the confidence of business leaders and should pause his trade war.

"The president has an opportunity to call a 90-day time out," Ackman said in a post on X, to resolve trade issues via negotiation.

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"If, on the other hand ... we launch economic nuclear war on every country in the world, business investment will grind to a halt, cons