Trump's Trade War Shakes Faith in US Debt
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Global turmoil in bond markets reflects eroding faith in US government debt due to President Trump's trade policies. The trade war with China raises concerns of a global recession and damages America's credibility as a reliable economic partner. Experts like Brown University's Mark Blyth express concerns about the US government's perceived lack of direction, impacting investor confidence in US Treasuries, traditionally seen as a safe haven.
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