Donald Trump continues to "make America great again”. However, his efforts have not turned out well so far, and the former greatness is gradually fading away due to the words and actions of the new US president. It is easy for Trump to weaken the dollar, interrupt the work of the government, or get into quarrels with neighbors and leading trading partners.
"If we have to close down our government, we’re building that wall. One way or the other, we’re going to get that wall," Trump said during his speech to his supporters. Another loud statement has already dealt a devastating blow to the US public debt market. The construction of the iconic wall is not supported by even the most committed followers of Trump, which means that the state spending bill is unlikely to include the necessary 1.6 billion dollars. However, Trump said that he would veto the spending bill if it does not cover financing the wall construction. Goldman Sachs experts are sure that Trump's unreasonable and harsh statements are the main reason for the fall of the US financial markets; besides, these comments increase economic risks. The company estimates the likelihood of the US government shutdown at 50 percent.
It is a very big number, even if Trump's speeches turn out to be the usual bragging that is notable for him. Such chest-thumping primarily threatens the US debt market, as the pressure have already significantly risen after his speech in Arizona. In addition, Trump may unconsciously become the reason for the failure of the US Treasury plans.
