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Jerry Han
@jerryhan
In the past, U.S. Treasuries have always been regarded as the world's most important safe-haven assets. However, Trump's tariff policies are shattering the logic behind the safety of U.S. Treasuries and shaking the three lifebloods of the U.S. dollar's credibility: the irreplaceability of the international trade settlement currency, the freedom of global capital flows, and the market consensus that U.S. Treasuries serve as the ultimate collateral.
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