Fear of 'looking weak' is all that's stopping the US and China from cutting tariffs, Bill Ackman says

Fear of 'looking weak' is all that's stopping the US and China from cutting tariffs, Bill Ackman says

Brian Snyder/Reuters

Billionaire hedge fund manager Bill Ackman has said that China and the United States should dramatically cut their tariffs on one another, and only the fear of "looking weak" is stopping them.

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