In some sense Trump and co would want China to sell their t-bills. It will weaken the dollar (increasing competitiveness of US exports) and strengthen the yuan (decrease competitiveness of Chinese exports).
To some degree is it possible to frame this whole situation as America intentionally tanking the dollar because it is too strong (which has happened twice before, albeit in more diplomatic ways). The hard part though is getting our economic allies to go along with it while also not abandoning dollar supremacy.
How does the strongest boxer ever intentionally get weaker to avoid permanent injury, while also keeping bettors confident in his winning streak? It kind of needs to be done, but man I cannot think of a worse person to execute this than Trump.
To some degree is it possible to frame this whole situation as America intentionally tanking the dollar because it is too strong (which has happened twice before, albeit in more diplomatic ways). The hard part though is getting our economic allies to go along with it while also not abandoning dollar supremacy.
How does the strongest boxer ever intentionally get weaker to avoid permanent injury, while also keeping bettors confident in his winning streak? It kind of needs to be done, but man I cannot think of a worse person to execute this than Trump.