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Why Ray Dalio Thinks China Isn’t Concerned about Tariff Levels

Annie Gilroy
Why Ray Dalio Thinks China Isn’t Concerned about Tariff Levels

Which Sectors Are Worried about Rising US–China Trade Tensions? Ray Dalio, the billionaire founder of world’s largest hedge fund, Bridgewater Associates, noted on September 10 that China (FXI) isn’t really concerned about the import tariffs imposed and proposed by the US (SPY)(IVV). During his interview on Squawk Box, he added that China is more focused on its ongoing relationship with the United States.