March 12, 2025

LONDON — President Donald Trump’s trade tariffs are a major concern among U.S. and international business leaders, with industry titans warning of trouble ahead.

Speaking at CNBC’s CONVERGE LIVE in Singapore, Bridgewater founder Ray Dalio warned of “fighting” between countries over the duties.

“Tariffs are going to cause fighting between countries … I’m not necessarily talking about military. But think about U.S., Canada, Mexico, China ... There will be fighting, and that will have consequences,” he said, speaking to CNBC’s Sara Eisen on Wednesday.

Read more:

https://www.cnbc.com/2025/03/13/tariffs-could-cause-volatility-and-conflict-business-leaders.html