Billionaire investor Ray Dalio expressed concerns about the potential for the US to face “something worse than a recession” due to Donald Trump’s trade policies, particularly following a tumultuous week in stock markets and a significant 145% tariff increase on China. In an interview with NBC’s Meet the Press, Dalio highlighted that the US is at a critical decision-making juncture and is very close to a recession if these issues are not managed properly. His comments reflect growing anxiety among investors regarding the economic implications of current trade strategies.
