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Reply to "Trump tariffs: ruin U.S. economy until 2040"
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[quote=Anonymous][quote=Anonymous]Wow. Trump is increasing tariffs on China to 104%. What will they do with the trillions of U.S. treasuries that they hold? https://www.foxbusiness.com/politics/white-house-says-china-missed-deadline-lift-retaliatory-tariffs-us-hike-china-tariffs-104.amp[/quote] They probably won't do anything with the, Even dumping them in one day wouldn't have a lasting effect. It would be inflationary here, interest rates would rise, but the Fed would gobble them up just like they have in the past. In the end, it would hurt China much more.[/quote]
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