German lender warns Trump could trigger US debt spiral

NAMPA / DPA
2025-06-27
Frankfurt (dpa) - The United States' national debt could rise to dangerous levels due in part to President Donald Trump's tax plans, Germany's state-owned KfW investment and development bank warned on Friday. The KfW said it is conceivable for the debt ratio to climb from around 120% to more than 170% of economic output within 10 years. The KfW warned of a tipping point at which investors might lose confidence in the US. "Without countermeasure......
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