China Dumping US Treasuries: Escalating Trade War Impact on Global Markets

China is taking a major step in its trade war dispute with the US by unloading substantial portions of their holdings in US Treasury bonds. This action, triggered by Beijing’s recent imposition of 84% tariffs on American goods, has led to a wave of uncertainty across global financial markets. Analysts suggest that this move reflects China’s intention to exert pressure on Washington amidst escalating trade tensions fueled by the Trump administration.