From CNBC: 2025-05-06 09:04:00

Billionaire hedge-fund manager Paul Tudor Jones predicts stocks will hit new lows despite potential tariff reductions by Trump. Jones expressed concerns on CNBC’s Squawk Box about the impact of tariffs and Fed’s reluctance to cut rates on the stock market. The S&P 500 experienced extreme volatility after Trump imposed high import levies on China. China is evaluating trade negotiation possibilities with the U.S. as tensions escalate. Jones anticipates significant tax increases and reduced growth even if tariffs are decreased by Trump.

Read more: Paul Tudor Jones says stock market will hit new lows even if Trump cuts China tariffs to 50%