#比特币与美国关税政策 Trump is really panicking this time!
The United States owes $34 trillion in foreign debt, and the interest alone amounts to $1 trillion each year, equivalent to throwing away the cost of 3 aircraft carriers every day. With the Federal Reserve refusing to lower interest rates, Trump has flipped the table—threatening to impose a 60% tariff on Chinese goods, and even threatening to withdraw from the WTO and sanction European car manufacturers!
This move is like playing with fire! On the surface, it appears to be tough on foreign policy, but in reality, it is self-harm. As soon as the news broke, the U.S. was the first to suffer: the stock market plummeted, companies laid off employees, and the unemployment rate soared, bringing the economic crisis to the brink. What is Trump trying to achieve? He wants to force the Federal Reserve to lower interest rates, saving $200 billion in interest payments, while also boosting housing and stock prices to please his financiers.
But anyone with common sense can see that this move is full of holes! 70% of the U.S. stock market is made up of domestic investors, and crashing the market is like cutting off one's own financial path. Even more frightening is that if China and Japan stop buying U.S. Treasury bonds, the U.S. government will immediately run out of funds. How could Powell, a seasoned financial expert, be frightened by such threats? Monetary policy is not a joke.
In the end, Trump is just bluffing. With the 2024 election approaching, does he dare to really crash the economy? This gamble is bound to be a losing game!