Bridgewater founder: Trump's actions may trigger a new round of financial conflict

Bridgewater founder Ray Dalio warned on Tuesday that as foreign governments and investors grow increasingly uneasy and economic tensions escalate, President Trump's political direction could trigger a new round of global financial conflict by reconsidering the demand for U.S. assets.

He pointed out that if mutual trust is damaged, countries holding large amounts of U.S. dollars and U.S. Treasury bonds may no longer be willing to finance America's fiscal deficit. Meanwhile, the U.S. continues to issue a significant amount of debt, and if confidence weakens on either side, it could lead to a tricky situation