Trump is aware of the International Emergency Economic Powers Act of 1977 and has referred to them as a tool in his trade policies. Photo: AFP

Bridgewater Associates’ Ray Dalio outlines path Trump could take to limit US capital flows to China

  • In a post, Dalio wonders if the US is ‘inching toward bigger moves’
  • Bridgewater co-chairman points to the US freezing Japanese assets and embargoing oil to Japan in the late 1930s to early 1940s as a potential example of how special emergency powers could be used by the president
Topic |   China economy

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Trump is aware of the International Emergency Economic Powers Act of 1977 and has referred to them as a tool in his trade policies. Photo: AFP
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