It’s too late to escape economic damage from Trump’s tariffs – Billionaire investor Ray Dalio

Billionary investor Ray Dalio believes that President Donald Trump's tariffs have destroyed the US economy, and “late” to avoid any harm, even in gaming negotiations. In an April 29 article published in X, Dalo discusses what he sees in the wake of the global economic order, the destruction of the US financial system, and the irreversible denial of American's soft power.

“It appears that we are on the brink of financial condemnation, the domestic political and international orders of the world falling due to unstable, bad foundation”Dalio wrote to Post.

According to Dalio, the United States under President Trump has played its hand as a world economy center. He insisted that tariffs broke the global trade, and US allies today had to deal with repercussions.

“Many exporters in the United States and those who import from other countries trading in the US say they need to reduce their deal with the United States“He said, added” Whatever happens to the tariffs, these problems will not be lost. “

The US economy fractures caused by tariffs

The founder of the Wall Street Hedge Fund, Bridgewater Associates, argued that countries had lost faith in the US dollar because of America's anger towards its trade partners. He says West is the largest consumer of imported goods, and broken relationships will hurt American consumers.

“The role of the United States as the world's largest consumer of goods and the greatest manufacturer of debt assets to supply excess consumption is uncertain”He said.

@elonmuskI'm glad we can have exchanges like this to know what's true. I asked Grok which country consumed the most intended goods and got it below. Although there are different ways of measuring the consumption of merchandise, it is undeniable that the US is the… pic.twitter.com/5v2TI5CST4

– Ray Dalio (@raydalio) April 29, 2025

Dalio makes sure that the de-dollarisation process has begun. A weak dollar, accompanied by the prevention of international trust, could erase the foundation of dominance in American economic economic economy.

“The development of events leading to increasing illnesses are similar to those who have advanced many times throughout history“He continues,”So this one looks like a contemporary version of the old story of how financial, domestic, social, and international orders of geopolitical orders change. “

Some economists, such as JPMorgan, see a 60% opportunity In a US backdrop that is happening this year, Trump has more than twice as double. About two-thirds of US vegetable imports come from Mexico, and 61% of oil imports come from Canada, both affected by trade restrictions. Higher tariffs on Chinese goods can be domestic spending.

“Without confidence, negotiations itself becomes an impossible, and when trusts explode, even those who preceded cooperation will be destroyed. “

Dalio foretold that a Debt crisis Remembering the Latin American default default period is inevitable if faith in US debt is a continuous tank. The strained bond markets can curl under the weight of increasing borrowing costs, while America's hope of being a reserves of money in the world is in the wake of the collapse.

“Thinking one can sell and lend in the US and get paid with difficulty (i.e., not heavy) dollars in their debt handling are silent thinking, so other plans need to be made”Billions are propounded.

The US government returned from the implementation of tariffs

Reports since the beginning of this week's business show that the Trump administration softened its language to tariffs, saying that they could be reduced “big” for some countries, including trade rivals in China.

Heart change came after last week's meetings with retail executives, including Walmart, warning President Trump's camp that higher tariffs would increase consumer prices.

US-China's trade standoff is almost completely broken Supply chain. Industry analysts estimate that, even under a best case in which tariffs are raised immediately, normal operations will take at least 30 days to continue in the port of Los Angeles and nearly 50 days in the ports of New York and New Jersey.

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