{"id":7500,"date":"2025-05-23T17:31:40","date_gmt":"2025-05-23T17:31:40","guid":{"rendered":"https:\/\/nationalgunowner.org\/index.php\/2025\/05\/23\/ray-dalio-says-tariffs-are-fueling-a-new-global-order-without-us\/"},"modified":"2025-05-23T17:31:55","modified_gmt":"2025-05-23T17:31:55","slug":"ray-dalio-says-tariffs-are-fueling-a-new-global-order-without-us","status":"publish","type":"post","link":"https:\/\/nationalgunowner.org\/index.php\/2025\/05\/23\/ray-dalio-says-tariffs-are-fueling-a-new-global-order-without-us\/","title":{"rendered":"Ray Dalio Says Tariffs Are Fueling a New Global Order Without US"},"content":{"rendered":"
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Ray Dalio speaks at the Paley Center for Media on May 22. Courtesy of The Paley Center for Media<\/span><\/figcaption><\/figure>\n

Ray Dalio<\/a>, founder of Bridgewater Associates<\/a>, is sounding the alarm over the Trump administration\u2019s global tariff policies, warning they could reshape the world economy to America\u2019s disadvantage. Beyond reducing economic efficiency, Dalio said the tariffs are accelerating international dealmaking that increasingly bypasses the U.S.<\/p>\n

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\u201cThat\u2019s not to say that reasonable tariffs, in certain ways, couldn\u2019t achieve some beneficial outcome,\u201d the hedge fund billionaire said during a Paley Media Council event in New York City on May 22. \u201cBut by and large, it\u2019s changing the world order in a way which is making it more inefficient and actually causing growth around the United States.\u201d<\/p>\n

Dalio, who has long warned about the ripple effects<\/a> of protectionist trade policy, noted a rising trend in cross-border agreements that exclude the U.S. \u201cYou\u2019re seeing more countries adapting and finding out how they can do business with each other, and sort of almost isolating the United States,\u201d he said.<\/p>\n

The billionaire investor founded Bridgewater Associates nearly 50 years ago and built it into one of the largest hedge funds globally, managing $92.1 billion in assets as of last year. He stepped down as CEO in 2017 but remains a prominent voice in finance, with an estimated net worth of $14 billion.<\/p>\n

A national debt crisis<\/h3>\n

Dalio\u2019s concerns extend beyond trade policy to America\u2019s fiscal health, particularly the ballooning federal deficit. \u201cWe will have a deficit of about 6.5 percent of GDP\u2014that is more than the market can bear,\u201d he said, pointing to rising long-term bond yields as a red flag. \u201cI think we should be afraid of the bond market,\u201d he added, likening it to a patient in a \u201ccritical situation.\u201d<\/p>\n

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The national debt is set to rise further following the passage of President Donald Trump\u2019s sweeping tax-cut bill, dubbed the \u2018One Big Beautiful Bill Act,\u2019 which cleared the House on May 22. According to Dalio, meaningful deficit reduction won\u2019t be addressed until after the 2026 midterm elections, when a bipartisan committee is expected to take up the issue. He cited recent conversations with lawmakers on both sides of the aisle.<\/p>\n

Although Dalio said there is broad consensus that reducing the deficit is essential, he remains skeptical that political gridlock can be overcome. \u201cIt\u2019s like being on a boat that\u2019s headed for rocks,\u201d he said. \u201cThey agree that they should turn, but they can\u2019t agree on how to turn.\u201d<\/p>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/article>\n

\t\t\t\t\"Ray<\/p><\/div>\n