# 关税战

Trump changes his stance daily. The main purpose of launching a global tariff war this time is to implement a debt swap strategy, attempting to promote the issuance of interest-free century bonds to postpone short-term debt repayment pressure, while asking allies to increase their holdings of US debt under the pretext of sharing NATO military expenses.
Secondly, it aims to lower government bond yields, that is, by creating trade uncertainties to force capital to flow back to the U.S. Treasury market, thereby reducing U.S. bond yields and saving on bond interest.
The only certainty in the marke

Trump's speech content has undergone a 180-degree turnaround compared to the previous day. Many are calling for a preemptive interest rate cut and for Powell to be fired as soon as possible. Until the day before, Trump had been making such statements through his SNS and other channels, and the reason behind his dramatic change in attitude is that the United States has fallen into a scenario where stocks, bonds, and currency (US dollar) are all facing dumping.
The progress of the United States regarding tariffs and trade with various countries will become the focus. As long as the direction rem