On April 13, Bridgewater Associates founder Ray Dalio stated in an interview that the United States is on the brink of economic recession and that even worse situations may arise. Dalio remarked that Trump's tariff policies have been "very destructive so far." He described the initial implementation of these policies as "throwing stones into the production system." He believes these tariffs will have a "massive impact on global efficiency."

Dalio indicated that the current situation resembles the 1930s: we are in a period of significant change akin to that of the 1930s, including potential collapses of monetary systems, governance systems, and international systems. The U.S. is currently close to an economic recession and worries that if mishandled, it could result in consequences "worse than a recession." The greatest risk is a collapse of the monetary system: if debt is too high and fiscal deficits are uncontrollable, the U.S. dollar as a "store of value" may lose trust, leading to financial turmoil. If monetary instability, domestic political division, and international conflict occur simultaneously, it could result in consequences more severe than the collapse of the monetary system in 1971 or the financial crisis in 2008.