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Bloomberg Quint

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Image Credit: Bloomberg Quint

Trump's Reciprocal Tariffs: Ray Dalio Weighs On The Pros And Cons Of US' Action

  • Billionaire and veteran hedge fund manager Ray Dalio weighed on the pros and cons of tariffs, noting that it could raise revenue and help shore up domestic production capabilities.
  • Tariffs can impact global efficiencies of production and potentially lead to stagflationary effects on the entire world.
  • The levies are more deflationary for the exporting country and more inflationary for the importer.
  • In times of international conflicts, tariffs can reduce dependencies on foreign production and capital.

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