Hedge fund titan Ray Dalio says Trump trade war has put US ‘close to a recession'
1. Ray Dalio warns of a nearing recession due to trade war. 2. Tariff changes disrupt production systems significantly. 3. Economic tensions could lead to severe market crises. 4. U.S. debt and budget deficit increase recession risks. 5. Dalio indicates potential for crises worse than 1971 and 2008.