How Trump has waged war against his own economy | FT #shorts

Financial Times4 hours ago1:43

Last week Treasury secretary Scott Bessent directed his department to double its purchase of treasuries, in an attempt to bring down the price. Of course, it backfired.⁠ ⁠ Rob Armstrong and Katie Martin pick apart the Trump administration’s unprecedented behaviour and wonder how long the US can keep borrowing as it has.⁠ ► Enjoying FT content? Get a daily slice of the very best FT journalism with FT Edit. Free for 30 days then just £4.99 a month See if you get the FT for free as a student (http://ft.com/schoolsarefree) or start a £1 trial: https://subs.ft.com/spa3_trial?segmentId=3d4ba81b-96bb-cef0-9ece-29efd6ef2132. ► Check out our Community tab for more stories: https://www.youtube.com/@FinancialTimes/community ► Listen to our podcasts: https://www.ft.com/podcasts ► Follow us on Instagram: https://www.instagram.com/financialtimes ► Follow us on Instagram: https://www.tiktok.com/@financialtimes

How Trump has waged war against his own economy | FT #shorts | PiQ Markets