The Globe and Mail reports in its Friday, April 11, edition that Wall Street titans helped fund Donald Trump's re-election campaign, but now feel their influence waning as he resumes power. The Globe's Rita Trichur writes that Mr. Trump's recent 90-day pause on tariffs, excluding China, initially boosted financial markets but quickly faded, leaving equities down again. Investors realized this was merely a temporary fix, and the volatility is raising recession concerns for ordinary Americans. Yet, some on Wall Street continue to support Mr. Trump, trying to rationalize his trade decisions. Billionaire hedge fund manager Bill Ackman, who called Mr. Trump's country-specific tariffs "economic nuclear war," later praised the President's strategy as "highly favourable." Wealth can blind one to reality, as seen with Mr. Trump, who initially disregarded pleas from Mr. Ackman and other Wall Street leaders. In a recent letter, JPMorgan boss Jamie Dimon noted that tariffs are likely increasing inflation and raising recession fears. This marks a shift for Mr. Dimon, who criticized tariffs during Mr. Trump's first term but later referred to them as an important "economic weapon" in January, suggesting people needed to "get over it."