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Benzinga
Benzinga
Business
Shomik Sen Bhattacharjee

Ray Dalio Says Trump's Tariffs Are 'Theoretical,' Warns They May Not Bring Manufacturing Back To US

Ray Dalio Donald Trump United States
Ray Dalio

Billionaire investor Ray Dalio warned on Wednesday that President Donald Trump's latest round of tariffs could deepen "stagflation" and may never deliver on promises to revive U.S. factory floors.

What Happened: "The tariffs are being put into place as a symptom of things that are changing that will be there anyway," the Bridgewater Associates founder said in a video on X.

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