President Donald Trump has recently intensified his tariff war, causing global economic turmoil. According to high-level trade officials, Trump's true intent may extend beyond merely addressing the trade deficit to waging a currency battle involving US debt and the dollar. His aim is to reshape the status of the dollar, potentially shifting the economic burden onto other nations.

Reports suggest that Trump may imitate former President Nixon's strategy of decoupling the dollar from gold, potentially tying it to cryptocurrencies like Bitcoin to maintain the dollar's hegemony while alleviating the pressure of US debt.

Business Weekly's chief editor, Lü Guozhen, shares a similar view, arguing that Trump's real goal is to "reshape dollar hegemony" by facilitating the depreciation of US bonds and the dollar, leading to a sell-off of US assets by other nations, thereby reducing the US debt burden.

However, the debt issue has already become a structural challenge for the US economy. According to Treasury data, the government will need to pay over $1 trillion in interest on $35.3 trillion of debt in 2024, setting a historical record. Although the US might attempt to manage this through "rolling over" old debt, the debt crisis is unlikely to be fundamentally resolved.