China holds more U.S. Treasury Bonds than any other nation. So, if they really start to retaliate Trump's tariffs by selling all their U.S. treasury bonds it could screw up U.S. debt which China owns the most of. Selling all their Treasury bonds by China could cause unimaginable damage to the U.S. government and U.S. economy.
The best way to say this is: "People who live in Glass houses shouldn't throw stones!" What I mean by this is that both China and the U.S. have a lot to lose right now because each in our own way China and the U.S. are both Glass houses and each vulnerable in their own ways economically.
Let's hope that other countries (besides China and the U.S. don't get into the act too).
begin quote from GOOGLE AI:
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