Ray Dalio, founder of Bridgewater Associates, sounds the alarm on the global tariff policies of the Trump administration, warning that the world economy could remodel to the United States disadvantage. Beyond the reduction of economic efficiency, Dalio said that tariffs are accelerating the international agreement that increasingly avoids the United States
“That does not mean that reasonable tariffs, in a certain way, could not achieve any beneficial result,” said Hedge Fund’s background during an event of Paley Media Council in New York City in May and in general, it is changing, what is changing, what is Chanld, Warld. Inefficient and real causing growth in the United States. “
Dalio, who has warned for a long time on the dominant effects of the protectionist commercial policy, pointed out a growing trend in cross -border agreements that exclude the US.
The billionaire investor founded Bridgewater Associates almost 50 years ago and made it one of the largest coverage funds worldwide, managing $ 92.1 billion in assets last year. He resigned as CEO in 2017, but remains a prominent voice in finance, with an estimated net worth of $ 14 billion.
A national debt crisis
Dalio’s concerns extend beyond commercial policy to the fiscal health of the United States, particularly the Federal Globe deficit. “We will have a deficit of approximately 6.5 percent of GDP is more than the market can support,” he said, pointing out the increase in long -term bond yields such as a red flag. “I think we should be afraid of the bond market,” he added, that a patient liked a “critical situation.”
The national debt will increase even more after the approval of the fiscal law bill of President Donald Trump, called “a great Big Beautiful bill”, which cleared the Chamber on May 22. According to Dalio, the significant reduction of the deficit will not be addressed until after the medium age elections of 2026, when a bipartisan committee is expected to address the problem. The recently mentioned conversations with legislators on both sides of the hall.
Althegh Dalio said there is a broad consensus that reducing the deficit is essential, remains skeptical that political stagnation can be overcome. “It’s like being in a boat that goes to rocks,” he said. “They agree that they should turn, but they cannot agree on how to turn.”
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