Actually, the worldwide tariffs may have accelerated worldwide dedollarization. The world may move away from considering the American dollar the most safe and stable currency. That would impact the US’s ability to borrow by increasing interest rates for bonds, spiking the national debt. This is what is believed to have spooked Trump into “pausing” tariffs at 10% or whatever the fuck he’s saying now.
Actually, the worldwide tariffs may have accelerated worldwide dedollarization. The world may move away from considering the American dollar the most safe and stable currency. That would impact the US’s ability to borrow by increasing interest rates for bonds, spiking the national debt. This is what is believed to have spooked Trump into “pausing” tariffs at 10% or whatever the fuck he’s saying now.