Trump billionaire fans now question his pricing policy

Maybe animal spirits should be on a leash.

The prices announced by President Donald Trump last week landed the world’s stock markets, hitting the richest in the world.

The billionaires, whose great supporters of Trump, saw their value net and their investment portfolios fall during the sale of the market.

Speculative fund managers such as Dan Loeb by Third Point and Bill Ackman by Pershing Square criticized the prices, Ackman pushing for a 90 -day break on X.

Months after saying that people who are worried about the economic impacts of the prices should “recover”, the CEO of JPMorgan, Jamie Dimon, wrote in his annual letter published Monday that “America is good, as long as it will not end up being America alone”, and warned that the prices will slow the economy.

The billionaire Stanley Druckenmiller, including the secretary of the Treasury, Scott Bessent, worked, posted on X in November that his former employee “is innovative in a calm and thoughtful way which will be a disruptive but not the trace markets”. On Sunday, when predictions of recession became commonplace among economists, Druckenmiller clearly indicated that he differs from his former protégé, writing that he “does not support prices greater than 10%”.

A pair of republican billionaires named Ken – Langone and Griffin, founders of Home Depot and Citadel, respectively – are frustrated by deployment.

Langone told Financial Times that he “did not understand the fucking formula” had used to create specific rates for each country, while Griffin – whose flagship funds have lost money in the past two months – called them “a huge policy of politics” in a conference at Miami University on Miami on Miami on Miami on Miami on Miami on Miami on Miami on Miami on Miami on Miami.

The reversal of the richest opinion in the world is not a shock. Former President Joe Biden, for example, appreciated the support of big names to Wall Street and Silicon Valley before the relationship hides, partly thanks to the policies and orientations of the former SEC president, Gary Gensler and the former president of the FTC, Lina Khan.

Trump himself turned between love and hatred with the elite of his hometown during his decade in politics, with the most recent lull that took up the way companies and donors fled him following the attempted insurrection of January 6 four years ago.

But it seems different because, according to six different investors trying (and especially failing) to exchange these markets, they are all helpless. The fundamental principles of a business are no longer important now, only everything that comes out of Washington, which led a merchant to “have my face ripped” by their short bet today.

The bet of this individual turned against him because the market has briefly increased on a false rumor of suspended prices. The White House denied that any break was coming, Trump threatening even higher prices against China, which has shown no sign of yield.

The spokesman for the Chinese Communist Party, the daily life of the people, wrote on Sunday that “the more pressure we undergo, the stronger we become”, and some investors are starting to bet in them in the United States.

Speaking on the “Liberation Day” during a conference organized by the Information Technology Industry Council of Technology, David McCormick, the Pennsylvania Junior Senator and the Unique CEO of the largest designing fund in the world, Bridgewater Associates, said that he had spoken to many members of his old work line which are “long China and America short”.

After the release of the Chinese models of the Darling Deepseek in January, McCormick, a republican who is married to the former adviser to Trump and former Goldman Sachs, Dina Powell, said that some of the so-called smart money bet on the loss of the race in the United States-but it is not.

“I am a long America and I am a short China,” he said, “but it depends on what we are doing. It’s in our hands, and we can spoil it.”

Emalysis Brownstein contributed the reports.