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Bill Ackman Blames Trump Tariff Policy for Market Crash and Insider Profits

  • US President Donald Trump's aggressive tariff policy has affected major markets globally, leading to an economic collapse and decline in the cryptocurrency market.
  • Investor Bill Ackman accuses US Secretary of Commerce, Howard Lutnick, of benefiting from the economic collapse caused by the tariff policy.
  • Lutnick's alleged investments in long-term bonds conflict with his responsibility to support the growth of the US economy.
  • The controversy and economic turbulence could impact investor confidence, but may also lead to renewed attention on cryptocurrencies as a decentralised alternative.

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