Reported 4 days ago
Ray Dalio, the founder of the world's largest hedge fund, has urged for a U.S.-China trade deal to address tariffs, emphasizing that reducing the U.S. deficit to 3% of GDP should be the next goal for President Trump's administration. He praised Trump's shift towards negotiation to alleviate economic imbalances, following Trump's surprising announcement to temporarily cut tariffs while increasing pressure on China.
Source: YAHOO