Arthur Hayes: Trump's tariff plan may force the Fed to restart loose monetary policy

Odaily News BitMEX co-founder Arthur Hayes wrote: "Trump's tariff plan further proves his commitment to reversing these imbalances. The problem for U.S. Treasuries is that foreign investors cannot buy bonds without dollar exports. The Federal Reserve and the banking system must speed up to ensure the normal operation of the Treasury market, which means restarting loose monetary policy (Brrrr)."