Bridgewater Founder Warns: Damage from Tariff Increases Won't End Soon

The U.S. government's arbitrary imposition of tariffs on trade partners has not only caused panic and chaos in global markets in the short term but also brought long-term negative impacts on the global economic order and the multilateral trading system. Ray Dalio, founder of the U.S. investment firm Bridgewater Associates, stated in a lengthy post on social media on April 29 local time that the damage caused by the tariffs will not end quickly, and the existing order is rapidly disintegrating, with the U.S.-centered global economic order coming to an end.