Billionaire investor Ray Dalio warns of a potential US recession, exacerbated by President Trump's tariffs. Dalio, known for accurately predicting the 2008 crisis, believes the tariffs' disruptive nature could lead to an outcome worse than a recession. He emphasizes the importance of stable tariff implementation. While Trump recently paused some tariffs, those on China remain high, fueling global market uncertainty. Goldman Sachs estimates a 45% chance of a US recession within the next year.

Prepared by Christopher Adams and reviewed by editorial team.