Ray Dalio Says Trump Tariffs Are Fueling a New Global Order Without US

Image: Ray Dalio giving a speech at the 10th anniversary celebration of charity Grameen America. Metropolitan Museum of Art, September 23 2017. Image credit: Grameen America via Wikimedia. CC BY 3.0. Article by Alexandra Tremayne-Pengelly. Observer – May 23, 2025.

Bridgewater founder Ray Dalio says tariffs are driving global growth away from the U.S. while rising deficits threaten economic stability.

Ray Dalio, founder of Bridgewater Associates, is sounding the alarm over the Trump administration’s global tariff policies, warning they could reshape the world economy to America’s disadvantage. Beyond reducing economic efficiency, Dalio said the tariffs are accelerating international dealmaking that increasingly bypasses the U.S. […]

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