Ray Dalio, billionaire and founder of Bridgewater Associates, talks to the members of the media while leaveing ​​a meeting with the Republicans of the Chamber Budget Committee in Capitol Hill in Washington, DC, on March 25, 2025.
Daniel Heuer | Bloomberg | Getty images
The founder of Bridgewater, Ray Dalio, said that the temporary setback of the president of the United States, Donald Trump, in reciprocal tariffs was a “step back in a worse way” to address commercial imbalances, urging the White House leader to negotiate a “win-win” commercial agreement with China.
On Wednesday, Trump announced a 90 -day break in the country’s specific rates, with the exception of 104% of tariffs on Chinese imports.
In a publication on the social media platform X, Dalio said Wednesday night that it was now “a good time for all involved to reconsider their approaches” to rebalance the commercial relations of the United States, while recognizing that the United States faced commercial “problems”.
“There are better and worse ways to handle our problems with unsustainable debt and imbalances, and the decision of President Trump to move away worse and negotiate how to deal with these imbalances is a much better way,” he said.
“I hope and I hope you do the same with the Chinese, which I think includes negotiating an agreement that appreciates the RMB against the dollar, achieved by the Chinese selling assets in dollars and alleviating their fiscal and monetary policies to stimulate their demand. This would be a mutual benefit.”
In a Tuesday interview with CNBC, Dalio said that, although Trump agreed that there was a problem with the business relations of the United States, he was concerned that the president would use radical tariffs as a solution.
“One way or another, there will have important changes in debt/monetary orders to deal with the problem of debt, commerce and capital imbalances,” he said Wednesday, arguing that the next Trump administration movement should be to reduce the American deficit to 3% of the country’s GDP.
‘A good moment’ for investors to rethink the risk
The actions on Wall Street increased on Wednesday after Trump delayed his reciprocal tariffs. Its temporal reversal in politics took place after a global sale that capital markets and bonds worldwide.
Dalio, who founded Bridgewater Associates, one of the largest coverage funds in the world, in 1975, also said in its publication on social networks that Trump’s observation trade policy presented investors the opportunity to rethink their appetite for risk.
“This is a good time for investors were shocked and terrified by what happened (and what could happen) reconsider their approaches to structure their portfolios so that they do not have such intolerable risks,” he said.
“I can guarantee that another worse case of the market movements that eventually terrorize them.”
