Get off the US dollar ASAP. If Trump does this, it’ll plummet to out of the top 10 currencies. One that happens, since we don’t make anything the rest of the world needs/wants. The US will become a third world country over night.

Does US treasuries mean bonds?

According to FT European continents holds ca. US$ 12.6 tn in assets, including European Nato countries that own $2.8 tn Treasury bonds.