Tariffs will cause conflict between trading nations (US-Canada-Mexico-China and others), with consequences that may or may not be military but will certainly involve fighting and disputes with material impacts on the global economy.

forecastpending

Speaker

Ray Dalio

Evidence Quote

tariffs are going to cause fighting between countries I'm not what type of fighting... I'm not necessarily talking about military but think about us Canada Mexico China and all of those types of fighting there will be fighting and that will have consequences

Source

Ray Dalio and Salesforce’s Benioff on AI, trade wars and new world orderCNBC International Live
Created: 8/11/2026, 6:48:37 AM

My Notes

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