The director of hedge funds calls for billionaire to a trade agreement with China

Bridgewater Associats Ray Galio Late Wednesday called for a deal with China, where the great powers escalated on the revenge tariffs on each other, which sent international shares to uncertainty.

In a post on X, the billionaire said it is now necessary that all parties “reconsider their approaches.”

“There are better and worse ways to deal with our problems with debt and unusual balances, and President Trump’s decision to retreat from a worse way and negotiate how to deal with these imbalances is a much better way.”

Dalio’s publication comes hours after Trump said it was Raise definitions on Chinese goods To 125 % for “lack of respect” for Beijing towards America, while stopping and reducing mutual definitions on other countries that were announced only last week. The move came in response to China’s declaration that it increases its mutual tariff for American goods from 34 % to 84 %.

Trump says he raises China’s tariff, stopping the mutual tariff for others

For other countries, the Trump administration said there will be a 90 -day stand for definitions due to the large size of more than 75 countries connected to the White House to conclude a deal.

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Dalio said he hoped that Trump will force China that would appreciate the yuan against the US dollar, “it was achieved by Chinese assets that sell the dollar while alleviating its financial and monetary policies to stimulate its request.”

“This will be to win,” Dalio said. ” “In one way or another, there will be major changes to debt/cash orders to deal with the problem of religion, trade and capital balances.”

Dalio said the next step for the Trump administration should be dealing with the US deficit by reducing it to only 3 % of GDP.

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“This is also a great time for investors who were shocked and afraid of what happened (and what might happen) to reconsider their approaches in the structure of their wallets so that they do not have such incurable risks,” Dalio said.