Billionaire investor Ray Dalio warned of potential global financial conflict due to President Trump’s aggressive political direction. Countries may reconsider buying U.S. debt amid rising unease. Treasury prices fell as tariff threats sparked fear of a trade war with Europe. Dalio stressed the importance of diversification and recommended gold as a hedge. Spot gold hit an all-time high as tensions rose.

Read more at CNBC: Ray Dalio fears ‘capital wars’ could follow Trump’s actions with countries dumping U.S. assets