UPDATE: Donald Trump Takes Office as the 47th US President

Billionaire Trump backer warns of 'economic nuclear winter' over tariffs

Amid market turmoil, hedge fund manager Bill Ackman said the president should take three months to allow countries to renegotiate their trading relationships with the US. On Monday, Mr Ackman's warning was echoed by another prominent Wall Street figure, with JPMorgan Chase chairman Jamie Dimon saying that Trump's tariffs risked pushing up prices for Americans.

James FitzGerald
BBC News
April 7, 2025


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Bill Ackman switched allegiance to Trump before the 2024 presidential election


Ackman on Trump tariff pause: ‘Brilliantly executed’

BY TARA SUTER
04/09/25


Billionaire hedge fund investor Bill Ackman on Wednesday praised President Trump’s decision to implement a 90-day pause on reciprocal tariffs against foreign trading partners, with the exception of China.

“This was brilliantly executed by DonaldTrump,” Ackman wrote on the social platform X. “Textbook, Art of the Deal.”

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American hedge fund manager, Bill Ackman
 
Trump sounds flabby and sick today

If this is true, then it's because he just realized he's fucked if he can't make a deal.



Mark Carney’s Just Bought Canada a Seat at the Power Table
(from VoteReggie.ca)
Remember when Mark Carney increased Canada’s holdings of U.S. Treasury Bonds while the world braced for Trump’s trade wars and annexation talk?
Maybe not, boring news, really… except it wasn’t boring at all. While most headlines missed it, Carney was in the EU, not for optics, but strategy. Quiet meetings. Big players. Plans laid.
If things went off the rails, Canada was ready — and wouldn’t act alone.
A coordinated, calm off-loading of U.S. Treasury Bonds.
Not a panic. A precision strike.
The kind of move that makes the markets listen.
Then came the Carney–Trump call. And the message landed:
Hurt us, and we’ll hurt you — economically.
Dumping U.S. debt? Canada could start it. Others would follow.
The U.S. dollar? Sinks like a rock.
That’s not noise.
That’s financial deterrence.
That’s how global respect is earned.
And suddenly, Trump knew how to say “Prime Minister.”
So while Trump was yelling about Canada being “delinquent” on NATO payments, here’s what he left out:
Countries like Canada, Japan, and China are financing the U.S. government — including its military.
As of early 2025:
• Foreign countries hold $8.53 trillion in U.S. debt
• Canada holds over $350 billion
So… who’s really getting the free ride?
Carney didn’t just buy bonds. He gave Canada a seat at the power table — and a grip on the lever that could shift global economics.
Trump talks tough.
Carney moves markets.

Fact-check it:
Search these terms for receipts:
• “U.S. Treasury foreign holders site:home.treasury.gov
• “Canada U.S. Treasury bond holdings August 2024 genspark ai”
• “Trump Canada delinquent NATO 2019 site:globalnews.ca
 
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