Part 4/8:
While many countries are holding negotiations with the U.S., China remains a critical player and an ongoing adversary in global trade. With nearly $1 trillion in U.S. Treasury bonds, any move from China to offload these assets could significantly impact the U.S. economy. The White House is acutely aware of the potential repercussions and is bracing for an aggressive Chinese response, which may involve flooding international markets with cheaper goods to undermine American products and damage relations with U.S. trading partners.