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looking beyond borders

foreign policy and global economy

Trump Must Tread Carefully With His Asian Bankers

As Donald Trump angles to make America’s debt burden great again, he has some finessing to do with his bankers. No, not Russia in this case, but China and Japan, both by far the biggest holders of U.S. Treasuries with a combined $2.3 trillion. South Korea’s $95 billion stockpile also has folks in Seoul curious about President Trump adding at least $1.5 trillion of debt for giant tax cuts America doesn’t need.

Read Here – Asia Times

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