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London – President Donald Trump’s trading tariffs, a great concern among our and international business leaders, a pre-problematic warning of industrial titans.
Talks on CNBC Be alive In Singapore, Bridgewater founder Ray Dalio, warned of the tasks on “Battle” between the countries.
“Tariffs will lead to the struggle between the countries … I don’t necessarily talk about the military. But think about us, Canada, Mexico, China will speak of CNBC’s Sarah Eisen on Wednesday.
Trump’s 25% Tariffs Aluminum and steel imports were affected by regions and countries with EU, Australia and Canada on Wednesday. US markets have been in confusion over the tasks this week.
Dalio said that the current environment is “extension of history examples” – the 1930 was an example of Germany.
Dalio had an increase in the country’s domestic base and the country’s domestic base, and in this time the tariffs for establishing a debt. “Be a nationalist, protector, Militarist. This is the way that works are working,” Dalio said. “The issue is really a confrontation of all this,” he said.
Righteousness Director General BeniFF described the interaction between the two countries as “good” if they look like each other in the same way. But he said, “What and how” is very important. “If you can’t put what and how consistent, clear and meaningful in a consistent, clear and meaningful way, you can end with high level variation and conflict,” Benioff said.
European reaction
Europe quickly retaliated steel and aluminum tariffs Reverse tariffs with 26 billion euros ($ 28.33 billion), starting from the United States from next month.
“Tariffs are taxes, they are evil for work and are deteriorating for consumers, bring uncertainties to the economy,” President of the European Commission Ursula Von Der Leien, told journalists during the press conference on Wednesday.
Trump, in April, said that additional tasks to Europe will be applied to Europe, Trump was unpumped. “Whatever they take us, we charge them” Trump told journalists.
Former British Prime Minister David Cameron on Thursday He said he was worried About Simmering Trade War.
Speaking at CNBC Converge Consver, former Turkish Prime Minister David Cameron.
“I’m worried about this because I am a free trader. I believe that this is a country, which does not win, which can be earned, and it can be a profit, and normally said in Cameron Cover.
“Although Donald Trump looked at the world, I say a lot of looking for a country and you have a surplus in trade with me.
“But, as it is with Donald Trump, it’s not important, there is a real and understandable concern in the hearts of those who say,” Cameron added.
Risk of decay
Asia-Pacific Managing Director and Head Alec Kersman in Pumco increased risk of recession according to tariffs. Kersman, CERSMAN CNBC’s Conver’s CONVER’s CONSEN’ın CONSEN’in CONSEN’in’s 2024 estimated crime in 2024 estimated crime “maybe 35%”.
However, Kersman, the PIMCO’s main work of the PIMCO, the previous forecasts of the US economy will be 1,000% and “very significantly reduced”.
Kersman recommended market participants to be “more patient” in terms of investment. “At the moment, there are many noises in the markets and you want to give it three to six months before making this action,” he said. Tariffs “will create more different winners and losses and” the trend of globalization is redirected and there is no more universal law on how capital will act. “
Consumer expenses
However, President and President and CEO Kemal Bhatia, CEO Kemal Bhatia, said that the trucks caused by tariffs, consumers spend more at home.
When the majority of people are directed to the “external effects” of this potential growth, Bhatia is in Converge, Bhatia said. The countries can “be able to be a stroke,” he said, could lead to patriotism and grow better than expected.
The potential of the growing domestic costs by Alibaba’s chairman Joe Tsai was also educated. Thanks to “tariffs and geopolitics” thanks to the “push” of China’s domestic consumption, Tsai Converge Live – Average Effective Duty in Chinese goods in China It will reach 33% according to Nomuran’s assessments.
“Look at the Chinese consumer. They are very healthy. The home balance sheet is very strong. You look at the 20 trillion dollars by households, stand outside, waiting to spend $ 20,” he said.
TSai said Trump was “half full of glass” about Trump’s trade policy. “Trump management will want America to work in China,” he said. “Finally, the tariffs, perhaps a means of negotiating, but work will be done in one point,” he said.
CNBC’s Amalakrisner, Anniek Bao, Katrina Bishop, Holly Ellyatt and Sam Meredith was informed.
