美通告全球，中方大抛美债，特朗普终于动手，八国央行向美宣战

Group 1 - The U.S. Department of Justice issued a grand jury subpoena to Federal Reserve Chairman Jerome Powell, marking a significant challenge from former President Trump against the Fed [1][8] - China has been systematically reducing its holdings of U.S. Treasury bonds since March 2025, with a total reduction of $61 billion in November alone, bringing its total holdings down to $682.6 billion, the lowest since 2008 [1][4] - In contrast, other countries have increased their purchases of U.S. Treasury bonds, with total holdings rising to $9.36 trillion in November 2025, reflecting a divergence in global attitudes towards U.S. debt [5] Group 2 - The ongoing tension between Trump and Powell is not just about the Fed's renovation project but also involves Trump's push for significant interest rate cuts, which Powell has resisted [7][9] - The U.S. government is facing increasing financing pressure as the national debt approaches $38 trillion, with annual interest payments exceeding $1 trillion [5] - The U.S. is also intensifying its competition in the rare earth sector, launching a $2.5 billion strategic reserve initiative and threatening high tariffs on global mineral suppliers if agreements are not reached within 180 days [10][11] Group 3 - Despite efforts to reduce reliance on Chinese rare earths, the U.S. faces significant challenges, including high production costs and technological limitations compared to China, which maintains a dominant position in the rare earth market [13][15] - The Federal Reserve's independence is under scrutiny as political pressures mount, with Powell's term ending in May 2026, and Trump indicating plans to appoint a new chairman [15]