Source: Fox News Forum
by Tanvi Ratna
“Let us be honest: When most people hear ‘tariffs,’ they think about price hikes and trade wars. But the Trump administration’s latest tariff rollout is not merely a knee-jerk protectionist move — it is part of a far broader strategy. What is actually in play here is a high-stakes effort to build up leverage and resources to manage America’s debt, reset its industrial base, and renegotiate its standing in the global order. And it all begins with a problem most people have not been told enough about. In 2025, the U.S. government must refinance $9.2 trillion in maturing debt. Some $6.5 trillion of that comes due by June.” [editor’s note: The only “broader strategy” this insanity could plausibly be part of is wrecking the US economy – TLK] (04/05/25)
https://www.foxnews.com/opinion/heres-what-trump-really-up-high-stakes-tariff-gambit