Last time I checked approx. 8 trill. of US debt was held overseas. If it was all sold the Fed would probably step in and add it to their balance sheet. Since interest paid to the Fed goes back to the Treasury, the net effect would be a 0% loan and a reduction in the annual fiscal deficit.
LOL It sure does sound great at least in theory. But don't worry. This would need to be a coordinated effort by many countries under secrecy, which wouldn't be that easy. And, by all means, this won't likely happen unless they're completely out of ammos.
China retaliates with additional tariffs of up to 15% on some U.S. goods from March 10 _________________________ Well. Finally some items will be cheaper in the US and that include corn, soy. Brazil farmers must be very happy
And the fed was ever so close to bringing inflation down....now inflation is going to ramp up once again!!! China announced Tuesday it would impose additional tariffs of up to 15% on some U.S. goods from March 10, and restrict exports to 15 U.S. companies. https://www.cnbc.com/2025/03/04/chi...-us-tariffs-vows-to-take-countermeasures.html
I dont know what the hell Trump is doing. I know he wants to achieve a lasting reputation in history and stuff. But launching trade wars with all countries simultaneously while there is "civil war" going on is just insane. And Trump don't care acting no more. Anti-American sentiment went sky-high. Now everybody know that "To be an enemy of America can be dangerous, but to be a friend is fatal". Imagine all Countries are being push to the edge and just partners up and against US.
that would be massively inflationary, no? and it would kill the value of the dollar (maybe a good thing)
Watch what happens when the auto layoffs get announced. It won't be long, projects will be cancelled within a week.