A thought experiment on a tariff war outcome | Bill Ackman on X

	Bill Ackman ⁦‪@BillAckman‬⁩ A thought experiment. Imagine if: Within the next 89 days, the US, Europe, and Japan agree to go zero/zero on tariffs and remove all trade barriers. Then Europe and Japan join the US in raising tariffs on China to 145%. Then the US, Europe and Japan as a united front   11/4/2025, 11:24 pm

A thought experiment. Imagine if: Within the next 89 days, the US, Europe, and Japan agree to go zero/zero on tariffs and remove all trade barriers. Then Europe and Japan join the US in raising tariffs on China to 145%. Then the US, Europe and Japan as a united front negotiate with China to remove tariffs and trade barriers, and put in place strong structural protections for IP.

Bill Ackman has been a strong and influential voice, before the election and since. Eg: he was the first one to suggest a 90-day pause in all but China tariffs. Which then happened.

So, we might not be surprised if the above thought experiment becomes a reality. 

"We'll see" says the orange man.