Legendary investor Jim Rogers warns Trump’s ‘America First’ policy could lead to inflation
Rogers advises a cautious stance on stock markets, particularly in the US, recommending safe-haven assets like gold and silver, traditionally used to hedge against inflation. He indicated that Trump’s policy is likely to hurt the global economy, not just the US, adding that trade wars could exacerbate worldwide inflation and potentially lead to another recession. Rogers also expressed concerns that Trump’s high-tariff policies, part of his “Make America Great Again” campaign, might backfire domestically. Economists warn these tariffs could result in trade wars, disrupt global supply chains, and spark inflation.
