The United States may further “de-Chinese”
Reuters quoted current and former senior officials in Washington as saying that the epidemic has severely affected Sino-US relations, and the White House is pushing at full speed to reduce the dependence of US production and supply chains on China, including repatriation or transfer to other countries with friendly US relations. If the “De- Chinese” report in the United States is true, the new crown epidemic situation is unclear. On the other hand, Sino-US relations are tense again, adding to the global economic outlook.
The U.S. plans to issue up to $ 3 trillion in national debt in the second quarter!
The US Treasury Department said that the second quarter required a lot of funds to meet the funding needs of the anti-epidemic rescue plan approved by Congress, so it announced plans to issue up to 3 trillion US dollars of treasury bonds in the second quarter. The total annual bond issuance is more than doubled, and in the third quarter, it is expected to issue a further $ 677 billion. Faced with such a huge debt, it is expected that the scale of the Federal Reserve’s debt will continue to rise in the future, which is not conducive to the long-term performance of the US dollar.
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