Trump's HUGE Mistake Against Japan Just Backfired w/ Rep. Ro Khanna - Thom Hartmann

[Rhiannon12866]

Donald Trump's economic plans have backfired when he messed with the wrong country. Thom Hartmann and Representative Ro Khanna (D-CA) discuss why Japan could take down Donald Trump's trade war. - Aired on 05/23/2025.

[progree]

1. It's safe to click, less than 3 minutes and he gets to the heart of it right away - the Japanese prime minister

publicly said Japan could dump its $1 Trillion holding of U.S. Treasury bonds. This would spike up interest rates way high. The U.S. govt already spends more on interest on the national debt than it does on the military.

Also mentioned that it was the bond market going whacky after the "Liberation Day" tariffs were announced in early April that caused Rump to declare the 90 day so-called pause (even with the "pause" tariffs are still higher than any time since the Smoot Hawley era).

[YoshidaYui]

2. DO IT JAPAN!! I DOUBLE DOG DARE YOU....