The ongoing U.S.-China trade war has sparked fears that Beijing might escalate its retaliation by dumping $700 billion in U.S. Treasury bonds. While this could pressure the U.S. to scrap tariffs, a Pakistani government official warns it’s a double-edged sword that could harm China's reserves, financial system, and global leverage. Dumping U.S. Debt a Double-Edged […]
Trade War: China's 'Nuclear Option' Is a Double-Edged Sword, Pakistani Official Warns
Bitcoin.com - 15 Apr 2025 22:30
The ongoing U.S.-China trade war has sparked fears that Beijing might escalate its retaliation by dumping $700 billion in U.S. Treasury bonds. While this could pressure the U.S. to scrap tariffs, a Pakistani government official warns it’s a double-edged sword that could harm China's reserves, financial system, and global leverage. Dumping U.S. Debt a Double-Edged […]
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