Famous investor Jim Rogers: Trump's 'America First' policy will trigger the biggest economic recession in history

Odaily Planet Daily Report: The famous investor Jim Rogers, who co-founded the Quantum Fund with George Soros, has harshly criticized the economic impact of the trade policy under the "America First" strategy of the elected President Trump. In a recent interview, Rogers said that trade restrictions on 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 also hurt the whole world. Trade controls are not good for anyone. This is not beneficial to the world and his own country." Rogers emphasized the domestic financial problems in the United States, pointing out that inflation and the ever-increasing national debt are serious threats to the US economy. He stressed: "The United States already has economic problems, including inflation. Although central banks in various countries are cutting interest rates, the inflation problem has not been solved. The trade war will bring back inflation, and it will be more serious." He foresees that this event will have widespread impact, and added: "The United States is heavily in debt. When Trump tries to solve economic problems, he will make mistakes, which is detrimental to the global. This will affect the whole world, and we will see the biggest economic recession in history."