Trump administration may be ‘inching toward bigger moves’ against China, Ray Dalio says

(CNBC) Billionaire hedge fund manager Ray Dalio said the White House’s deliberation on a block on U.S. investments in China made him wonder if bigger moves are on the way. Dalio, founder of the world’s largest hedge fund, said in a lengthy LinkedIn post President Donald Trump could use special emergency powers like the freezing of Japanese assets and embargoing of oil to Japan in the 1940s.

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