The high American debt and the fact that a relevant part is in the hands of foreign investors, including China; The Batacazos trade fair with 10 billion losses and collisions between members of the circle that are closest to Trump closest, may have knocked down their decision.
The high government debt of the United States, which is greater than 36 billion dollarsAnd the fact that a relevant part is in the hands of foreign investors, including China, is a vulnerable flank for the rate policy of President Donald Trump, who has been able to force him to give reverse.
Some analysts have already announced Trump’s decision for three months announced part of the rates with the rebound in the interest of the American debt that had been registered in recent days.
Although just after announcing the new party rates, the ten -year bonus performance of 4 % in the secondary market had fallen, an increasing path started in the following sessions that brought it closer to 4.5 % hours before Trump left the rates.
What astonished many analysts was the rear rebound of profitability, a movement that showed a lower appetite of investors by American bonds or, as some have suggested, an increase in sale by the holders. It is in this context that the possibility is called Chinaconfronted with the US for rates, Be behind those sales.
The US government debt is currently $ 36.2 billion from which 28.9 billion dollars is in the hands of investorsaccording to official data. The remaining $ 7.3 billion corresponds to obligations and obligations contracted by the US government with pensioners and other beneficiaries of benefits.
Under the Great American Bond holdersemphasizes the Federal Reservewhich owns around $ 9 billion. According to Bloomberg data, foreign investors have controled around $ 8.5 billion.
The largest holder is per countries Japanwith 1.08 billion dollars in US debts, followed by China (761 billion dollars) and United Kingdom (740 billion dollars).
The rebound in the interest of American bonds is especially relevant because this year the Trump government has to refinance around 9 billion debt dollars.
In a published report, the Aberdeen -Investments Manager underlines that Trump himself has acknowledged that “the evolution of the debt market is closely followed”.
The director of the American National Economic Council, Kevin HassetHe admitted that the rise in the American debt yields was motivated that there would be “a little more urgent” when Pausar would have the most rates.
Batacazos in the bags
Moreover, you cannot forget the poor general evolution of stock markets for three consecutive days. Most bags have suffered three days of Batacazos after the implementation of American global rates, which increases the fear of a global recession.
For example, the total rate war initiated by Trump has destroyed some 10 billion dollars Pocket value, collected by the Bloomberg Agency according to data. The figure is the same as the gross domestic product (GDP) of the Basque autonomous community (CAV) multiplied by 100, or half of the GDP of the European Union.
On the American market, the decrease of 3.67 % of AppleOne of the most affected in the commercial war in front of his agency in China, and that has lost around 20 % in three sessions, some 640 billion dollars.
The Apple Company is part of the so -called “seven magnificent” (Nvidia, Microsoft, Amazon, Alphabet, Meta and Tesla), who have lost more $ 5.3 billion of capitalization of the maxima that have been achieved in recent months.
Confrontation
All this must add the confrontation between those closest to the American president. The owner of Tesla, Elon MuskHe mentioned “foolish” and “crazy of the auction” Peter NavarroTrump trade and production consultant.
The war between Musk and Navarro is still open, in statements to NBC News, Navarro pointed out that Musk “is not a car manufacturer. It is an assembly From cars “, to emphasize that the components of their cars come from different parts of the world, such as China, Taiwan or Japan.
Navarro insisted that, although Musk “wishes the cheap foreign components (mechanics)”, the government strives that cars will be completely manufactured in the United States.
It is not the first comment that Navarro has made afterwards The Magnate will explain that he is in favor of eliminating all rates With the European Union (EU), the adviser indicated that the billionaire “easily protects their own interests, as every entrepreneur would.”
Source: EITB
I’m Wayne Wickman, a professional journalist and author for Today Times Live. My specialty is covering global news and current events, offering readers a unique perspective on the world’s most pressing issues. I’m passionate about storytelling and helping people stay informed on the goings-on of our planet.
