Recent weeks have seen significant fluctuations in the portfolio of Pershing Square Holdings, led by renowned billionaire Bill Ackman. According to investor reports, the portfolio experienced a nearly 14% decline by April 8. This drop, driven by a sharp global market downturn, largely reflects the reaction to plans by the Trump administration to impose high tariffs on nearly all U.S. trading partners. Although the latest recovery in the markets, following a 90‑day pause on most tariffs, brought some gains, the overall sentiment remains cautious.
Nissan Motor Co. has made a significant decision to stop selling two models of its Infiniti SUVs, which are manufactured in Mexico, in the US market. This move was prompted by the high tariffs imposed by President Donald Trump on automobile imports. This article explores the reasons behind this decision, its implications, and its impact on the company's business strategy.