Renowned investor Jim Rogers, who co-founded the Quantum Fund with George Soros, has warned that President Trump’s “America First” trade policies could lead to a major recession. Rogers believes that the policies are creating an environment of spiraling U.S. debt, inflation, and trade restrictions, which could trigger worldwide economic turmoil.
He argues that the policies are not only hurting the U.S. economy, but also causing problems for the global marketplace.