Overview

• Paul Tudor Jones forecasts further stock market declines, even if U.S. tariffs on Chinese goods are reduced to 50%.
• President Trump's 145% tariffs on Chinese imports, the highest in generations, have triggered retaliatory 125% levies from China.
• The Federal Reserve has maintained its key interest rate at 4.25%–4.5%, contributing to economic pressures and market volatility.
• The S&P 500 remains 8% below its all-time high, with Jones warning that growth could drop by 2%–3%, likening the tariffs to the largest tax increases since the 1960s.
• China has signaled interest in trade negotiations, but no formal talks have been initiated as of now.