Insiders informed the WSJ that European leaders are weighing severe countermeasures in response, calculated to trigger
economic turmoil across the United States. The proposed strategy includes liquidating trillions in American government
bonds held by European governments.
The political fallout could be catastrophic for Trump and the Republicans as the midterm elections loom next year. The
EU and the UK, being among the largest holders of US Treasury securities (US debt), wield considerable potential