美联储也救不了？特朗普这一决策，让美国债务突破二战纪录

Group 1 - The core argument of the articles highlights the escalating U.S. debt crisis exacerbated by Trump's policies, which threaten the credibility of the dollar and the U.S. economy [1][5][7] - Trump's "America First" policy has led to significant tariff increases, contributing to domestic inflation, with the Consumer Price Index (CPI) rising by 3.1% year-on-year as of April 2025, surpassing the Federal Reserve's 2% target [2][3] - The Congressional Budget Office (CBO) warns that if current policies persist, the debt-to-GDP ratio could exceed 122% by 2030, significantly higher than the post-World War II peak of 106% [1][5] Group 2 - The market's distrust in the U.S. is reflected in a 10.7% decline in the dollar index in the first half of 2025, the worst performance since 1973, while gold prices surged by 27% [5][7] - Major creditor nations, including China and Japan, have been reducing their holdings of U.S. Treasury bonds for three consecutive months, opting instead for gold and yuan assets [5][7] - Analysts predict that 2026 could be a critical turning point for the U.S. debt crisis, coinciding with the end of Powell's term and the potential for more aggressive monetary policies under Trump [7]