Billionaire investor Paul Tudor Jones said he expects US President Donald Trump to dial back China tariffs by 50%, but said stock markets could hit new lows even if he does.
Jones said that if the stock market plummets, both the Fed and Trump will likely be moved to act. The hedge fund manager said Trump’s move “to correct the trade imbalance” was “a great idea,” but the execution could have been more precise.
Source: [https://finance.yahoo.com/news/paul-tudor-jones-sees-trump-134714379.html](https://finance.yahoo.com/news/paul-tudor-jones-sees-trump-134714379.html)
