The Americans of the Warren automotive industry, Mi, a suburbs of Detroit, have made the new pricing policies of President Trump who do the national manufacturing.
On Wednesday, the founder of Bridgewater Associates, Ray Dalio, called on the United States to conclude an agreement with China while the two superpowers increase the reprisal prices on each other, sending global actions to uncertainty.
In an article on X, the billionaire said it was now imperative that all parties implied “to reconsider their approaches”.
“There are better ways to manage our unbearable debt and imbalance problems, and President Trump’s decision to take a step back in a worse manner and negotiate how to manage these imbalances is a much better way.”
Dalio’s position intervenes for hours after Trump said it increased the prices on Chinese products 125% compared to Beijing’s “disrespect” for America, while stopping and reducing reciprocal rates on other countries that were announced last week. This decision came in response to China announcing that it increases its reciprocal price on American goods by 34% to 84%.
Trump says that he increases the prices of China more, in break in reciprocal prices for others
Ray Dalio speaks on stage at the Wall Street Journal 2024 The Future of Everything Festival at the Spring Studios on May 22, 2024 in New York. (Dia Dipasupil / Getty Images / Getty Images)
For other countries, at the same time, the Trump administration said that there would be a 90 -day break on prices due to the high volume of more than 75 countries which contact the White House to conclude an agreement.
Navarro praises Trump’s price as “the art of the agreement on reciprocal trade”
Dalio said he hoped Trump to conclude an agreement with China that would appreciate the Yuan against the US dollar “,” obtained by the Chinese selling dollar assets while supporting their tax and monetary policies to stimulate their request “.
President Donald Trump displays a signed decree imposing prices on goods imported during an event at the White House on April 2. (Images Andrew Harnik / Getty / Getty Images)
“It would be a winner. The Chinese should then restructure and monetize their excessive debts from the local government to obtain their debt on the spot,” said Dalio. “In one way or another, there will be major changes to the debt / monetary prescriptions to deal with the problem of debt, trade and imbalances.”
The Banque Populaire de China (PBOC) building in Beijing, China, Friday, November 8, 2024. (Getty Images / Getty Images)
Dalio said the next Trump administration’s next decision should face the American deficit by reducing it to just 3% of GDP.
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“It is also an ideal moment for investors who were shocked and terrified by what happened (and what could happen) to reconsider their approaches to structure their portfolios so that they do not have such intolerable risks,” said Dalio, warning that “another worst case of market movements that terrified will come.”
