The White House may inadvertently be repeating history by restricting the amount of advanced semiconductors the U.S. exports to China—and if it’s not careful, could repeat the escalations that led to Pearl Harbor. That’s the warning from legendary investor Ray Dalio, who has long advocated for a positive relationship between China and America.
Dalio, who founded Bridgewater Associates in 1975, told an audience at the Greenwich Economic Forum that the U.S. finds itself in a “much similar situation” with China, as it did with Japan during World War II.
