Washington Post Warns China May End Currency Manipulation in Retaliation Against Trump's Tariffs

Yes, things could really nasty. In discussing the ways in which China might retaliate against tariffs, the Post told readers:

"China is also the largest foreign holder of U.S. government debt. It holds $1.17 trillion of U.S. Treasury securities, down about $33.5 billion since last August. The U.S. government faces huge borrowing needs, not only to finance new deficits but also to refinance past securities now coming due, so a drop in China’s appetite for that debt could nudge interest r...