Ray Dalio warns of potential recession due to poorly handled Trump tariffs, comparing situation to 1930s.
From Stocktwits: 2025-04-13 23:00:00
Billionaire investor Ray Dalio criticizes President Trump’s tariffs as “very disruptive.” The U.S. has imposed varied tariff rates, mostly targeting China. While a 90-day pause was announced for most nations, uncertainty remains. Dalio warns of potential recession if tariffs are not handled well, noting a possible breakdown of the monetary order. He compares the current situation to the 1930s Great Depression, highlighting the disruptive impact of tariffs, rising debt, and shifting power dynamics. Dalio emphasizes the need for stable, quality negotiations to prevent further economic turmoil.
Read more at Stocktwits: Billionaire Ray Dalio Warns Of Something Worse Than Recession If Trump Tariffs Aren’t Handled Well: ‘Very Much Like 1930s’