With the hasty implementation of a 10% tariff-tax and the USD loosing more than 10% in the same timespan, the combination of taxing and devaluation is quickly approaching a similar increase of prices for the US-buyer as the two weeks ago announced but surprisingly revoked 31%-taxation would have had on his foreign purchases. The signs are on escalation and so it raises the question of whether it might make sense to take the (intended?) devaluation into focus instead of starring at the nervous tax changes; and if so, if there are not even more massive methods of currency-devalution. One question could be, what one actually does when the worlds largest debtor helds back and uses his obligations to some creditor-countries as a weapon, ie doesnt pay the obligations from US-Bonds held by China or others?
I am not sure, but wasnt the Chapter 11 and the claimed bankruptcy more than once the used method to put pressure on the creditors? So, questions and more questions, yes. And I am not in the position of giving advise but if someone would ask me, then I could explain why that would not go well with good and market-valued sound money.