Famous investor Jim Rogers: Trump's "America First" policy will trigger the largest economic recession in history
ChainCatcher news reports that the famous investor Jim Rogers, who co-founded the Quantum Fund with George Soros, has harshly criticized the economic impact of President Trump's "America First" strategy on U.S. trade policy. In a recent interview, Rogers stated that trade restrictions against countries like China and India not only undermine global economic stability but also harm the United States itself.He warned, "Trump's 'America First' policy will not only hurt China but will also hurt the entire world. Trade controls benefit no one. They are detrimental to the world and to his own country." Rogers emphasized domestic financial issues in the U.S., pointing out that inflation and the increasing national debt pose serious threats to the American economy.He stressed, "The U.S. already has economic problems, including inflation. Although central banks around the world are lowering interest rates, the issue of inflation has not been resolved. The trade war will bring inflation back, and it will be even worse." He foresees that this event will have widespread effects, adding, "The U.S. is heavily in debt. When Trump tries to solve economic problems, he will make mistakes that are detrimental to the world. This will affect the entire globe, and we will see the largest economic recession in history."
