US President Donald Trump's 'Liberation Day' tariffs, including 10% higher duties on imports from scores of countries worldwide, escalated the ongoing trade global war as distraught leaders of developed and emerging nations work to navigate the impact on their economies.
While many corporate and world leaders and economists advised against tariff hikes, Bridgewater Associates founder and billionaire investor Ray Dalio shared some interesting insights in a recent LinkedIn post about why Trump is taking these drastic measures.
