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Ray Dalio Warns: Tariffs Could Cripple U.S. Economy

5/26/2025

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Summary

Story summary

Ray Dalio, the visionary behind Bridgewater Associates, raises alarms about the Trump administration's tariff policies, suggesting they could cripple the U.S. economy by stifling efficiency and pushing nations to forge exclusive trade deals. He also warns of a looming federal deficit, projecting a staggering 6.5% GDP shortfall that threatens to shake the bond market's stability.

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Story summary

Ray Dalio, the visionary behind Bridgewater Associates, raises alarms about the Trump administration's tariff policies, suggesting they could cripple the U.S. economy by stifling efficiency and pushing nations to forge exclusive trade deals. He also warns of a looming federal deficit, projecting a staggering 6.5% GDP shortfall that threatens to shake the bond market's stability.