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Dominic Pelle
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Comments by "Dominic Pelle" (@dominicpelle7841) on "How are tariffs affecting China?" video.
Hey knuckleheads.... **China's $1.2 trillion weapon that could be used in a trade war with the US.... China holds $1.17 trillion of U.S. government debt** Economists and investors worry if there is a trade war, China could reduce its U.S. debt holdings as a political weapon against the Trump administration tariffs proposal. If that happens, the dollar could fall and other countries could follow suit and sell their holdings. ***If China reduces its buying at a time when the U.S. is increasing its supply of new Treasuries into the market, that could lead to a rout in the bond market**
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