Billionaire hedge fund manager Paul Tudor Jones has warned that U.S. stocks could still plunge to new lows — even if President Donald Trump backs off his aggressive tariffs on China. 'For me, it's pretty clear,' Jones said on . 'Trump's locked in on tariffs. The Fed's locked in on not cutting rates. That's not good for the stock market.'The warning from the Tudor Investment founder comes after last month’s shock rollout of the steepest import tariffs in decades, which sent global markets into turmoil.
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