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Trump is really frantic this time!

The United States owes $34 trillion in foreign debt, and just the interest alone costs $1 trillion a year, equivalent to throwing away the money for three aircraft carriers every day. With the Federal Reserve stubbornly refusing to cut 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 playing with fire! On the surface, it seems tough on the outside, but in reality, it is self-harm. Once the news broke, the U.S. was the first to suffer: the stock market plummeted, companies laid off employees, and the unemployment rate soared, with an economic crisis on the brink. What is Trump calculating? He wants to force the Federal Reserve to cut interest rates to save $200 billion in interest, while also boosting housing prices and stock prices to please his backers.

But anyone with eyes 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 equivalent to cutting off their own financial lifeline. Even more frightening is that if China and Japan stop buying U.S. debt, the U.S. government will immediately run out of funds. How could Powell, a veteran in finance, be intimidated by such threats? Monetary policy is no joke.

Ultimately, Trump is just bluffing. With the 2024 election approaching, would he dare to truly crash the economy? This gamble looks like a sure loss!