Ray Dalio’s comments come after rocky week across stock markets after policies including 145% tariff raise on China
People in the US: tell us how you think Trump’s first 100 days have gone so far
Billionaire investor Ray Dalio said that he is worried the US will experience “something worse than a recession” as a result of Donald Trump’s trade policies.
Speaking to NBC’s Meet the Press on Sunday, the 75-year-old hedge fund manager said: “I think that right now we are at a decision-making point and very close to a recession. And I’m worried about something worse than a recession if this isn’t handled well.”
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