That Cake Is Already Baked,' Says Bill Ackman, Warning U.S.-China Tariff War Is Driving Companies Out Of China For Good
The economic friction between the U.S. and China just reached a boiling point. Last month, the U.S. slapped a 145% tariff on Chinese imports, and China has responded with a 125% tariff on American goods. Billionaire hedge fund manager Bill Ackman, CEO of …