#USpol #USD #tariffs #financialmarkets
"[...] previously unthinkable issues are now being openly discussed. These range from concrete dangers, such as whether the Federal Reserve’s independence is under threat, to suggestions that once would have been considered fantasy — such as whether the US could impose levies on Treasury purchases, capital controls, withdraw from organisations such as the IMF, or even threaten selective debt defaults."
(paywall)
https://www.ft.com/content/73294414-8cdc-4298-a46a-e548253c90c0