Here's What Happens if China DUMPS Its $1 Trillion in US Debt Amid Trade War | WHAT REALLY HAPPENED


Here's What Happens if China DUMPS Its $1 Trillion in US Debt Amid Trade War

President Trump has threatened to slap a 25% tariff on the remaining $325 billion in goods coming from China, announcing the plans the same day the US more than doubled duties on $200 billion in Chinese goods as trade talks ended in a deadlock. China has a potential trump card of its own via its massive pile of US debt. But will it use it?

On Saturday, Trump doubled down on his promises to work to eliminate the trade deficit with China, warning that the trade deal between the two countries would "become far worse" for Beijing if it had to be negotiated in his second term and telling the Chinese not to daydream about him being defeated in the 2020 election so that a Democrat may give them a better agreement.

Trump made the comments a day after his administration increased tariffs from 10 to 25% on $200 billion in Chinese imports, just hours before a second day of trade talks in Washington with China's top trade negotiator.

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