Trump is losing the confidence of business leaders, billionaire investor Bill Ackman says
1. Bill Ackman warns of an 'economic nuclear winter' due to Trump’s tariffs. 2. Recent tariffs hit over 180 countries, impacting global market confidence. 3. J.P. Morgan raised recession odds to 60% amid fears of economic slowdown. 4. Ackman criticizes Commerce Secretary Lutnick for conflict of interest. 5. U.S. equities fell 9.08% last week, reflecting investor concerns.