Billionaire Ray Dalio raises alarm over China, says Trump renegotiating trade deals 'has to happen'

Speaking with Brian Kilmeade on "Fox & Friends" Wednesday, Dalio warned China won’t give up its competition anytime soon. "They're also making technology and improving at a fast rate. So you cannot take China and think that they are not going to be a force for the foreseeable future. They're not folding, okay?" Dalio said. "We both have our challenges and there's going to be a big conflict. That's the nature of the beast."  || 

 

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Who really pays for tariffs?

While politicians often frame tariffs as a way to punish other countries, they actually hit domestic consumers and businesses hardest. Whether they’re facing higher grocery bills or disruptions in manufacturing, Americans will feel the strain. The Canadian prime minister encouraged his compatriots to consider boycotting U.S. orange juice following Trump’s tariff threats.