Analysts remain divided. Some dismiss the spat as political theater reminiscent of Trump’s past reversals — Trump always chickens out (TACO) — while others warn the confrontation could spiral into a full-blown crisis. Reports of a major Danish pension fund preparing to dump U.S. Treasuries added fuel to the fire, raising fears of a domino effect across Europe’s vast holdings of American debt. According to Deutsche Bank, that debt is estimated at $8 trillion, more than half of total foreign ownership.
Economists sounded alarms over the potential fallout. Trump critic Peter Schiff argued the trade war could devastate U.S. consumers already struggling with affordability.
Technical Analysis
