Paul Tudor Jones says stock market will hit new lows even if Trump cuts China tariffs to 50%

Key Points

“We’ll probably go down to new lows, even when Trump dials back China to 50%,” Jones told CNBC’s “Squawk Box.”
The widely followed investor’s bearish comments came after Trump’s rollout of the highest levies on imports in generations shocked the world last month, triggering extreme volatility on Wall Street.

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