Finance, Markets, US-China Trade War, US Treasurys, Tariffs, nuclear option, Bonds, Capital Markets,

China just tested its ‘nuclear option’ in the trade war

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Thomas Peter/Getty China has run a small-scale test of the "nuclear option" in its trade war with the US by selling $20 billion of US government debt. If China sold its $1.2 trillion in US Treasurys, it could raise America’s borrowing costs, weaken the US dollar, and plunge global markets into chaos. However, a fire […]

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