Washington | Billionaire hedge fund manager Ray Dalio has warned that Donald Trump will steel America for an economic, geopolitical and possibly military war with China during his presidency by making major changes to security, industrial and other domestic policies.
Trump and his team of loyalists are planning massive interventions in the US economy to prepare for this war even if it comes at the expense at America’s “free-market, profit-making system”.
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Matthew Cranston is the United States correspondent, based in Washington. He was previously the Economics correspondent and Property editor. Connect with Matthew on Twitter. Email Matthew at mcranston@afr.com
