Ray Dalio warns the US-China trade war may be evolving as signs mount of a 'major escalation'

Ray Dalio has warned the US-China trade war could be entering a new stage. America's blacklisting of Huawei and China's threats to cut off US supplies of rare-earth metals could transform the "tariff war" into an "export embargo war," the billionaire cochairman of Bridgewater Associates wrote.  "The US shutting off supplies to Huawei...