Japan’s finance minister threatened to use their $1.1 trillion stockpile of US treasuries to potentially trigger a 2008-level financial crisis by dumping hundreds of billions, raising interest rates and crashing bond prices.
Trump’s re-industrialization strategy has attracted over $5 trillion in investments to build factories inside the US, despite media predictions of economic doom.
Trump’s executive order on “most favored nation pricing” for pharmaceuticals could reduce drug prices by 50-90%, targeting Medicare spending and addressing international freeloading on American healthcare costs.
Trump’s proposed China deal includes $200 billion in additional purchases over 2 years, reforms to non-tariff barriers, intellectual property protection, and opening Chinese markets to US banks and agricultural products.
Despite tariffs and wage growth, Trump’s inflation numbers have remained below the Fed’s target for 3 months, defying economist expectations of hyperinflation.
American savings rates have plummeted from 12.5% in the 1960s to just 0.6% of gross national income currently, attributed to stagnant wages, welfare policies, and Federal Reserve interest rate manipulation.
