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Billionaire investor Ray Dalio says it’s ‘too late’ to escape damage from Trump’s tariffs

  • Billionaire investor Ray Dalio said on Monday that it is too late to avoid damage from President Trump's tariffs, warning about a global economic breakdown.
  • Dalio attributes this risk to unsustainable US debt-fueled consumption and a trade war initiated by Trump, which prompted wide investor and exporter concerns.
  • He reported hearing from exporters who trade with the US, noting that countries are reducing interdependence and planning for long-term separation.
  • Dalio warned that it is unrealistic to believe investors can continue to provide loans to the U.S. And receive repayments in stable, non-depreciated dollars on their government debt.
  • Dalio's warning suggests a shifting global order that could bypass the US, with new international alliances forming and the dollar's reserve currency status at risk.
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Cointelegraph broke the news in on Tuesday, April 29, 2025.
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