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Bridgewater founder warns: The damage caused by tariffs will not end quickly.
Golden Finance reported that 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 multilateral trade system. Ray Dalio, founder of Bridgewater Associates, stated in a lengthy post on social media on April 29 local time that the damage caused by the tariff increases will not end quickly, the existing order is accelerating its collapse, and the U.S.-centric global economic order is coming to an end. (CCTV News)