Ackman Rebuts Lutnick's Tariff Criticism
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tariffsBenzinga
•Technology
Technology
Bill Ackman walks back criticism of Commerce Secretary Howard Lutnick

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Billionaire hedge fund mogul Bill Ackman walked back public criticism of Commerce Secretary Howard Lutnick .
Ackman , the founder and CEO of Pershing Square Capital Management , made the initial remarks April 6 on X.
The White House imposed a 10% base tariff on most imports and levied duties as high as 145% on select Chinese goods.
The market reacted sharply, with the S&P 500 coming close to bear market territory.
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