<p>Jim Bianco believes that Trump uses tariffs as a bargaining tool aimed at lowering the value of the dollar, promoting the return of manufacturing to the United States, and forcing other countries to make concessions. The "Mar-a-Lago Agreement" is at the heart of this transformation, essentially exporting inflation from the United States to the rest of the world, making countries around the world pay for U.S. debt</p>

- Jim Bianco, president of Bianco Research, discusses significant shifts in the global economy and financial markets, highlighting the unsustainable nature of U.S. debt and interest expenditures.  
- He argues that Trump's tariff policies aim to devalue the dollar and bring manufacturing back to the U.S., while also pushing allies to increase defense spending to share the burden of maintaining global order.  
- Bianco predicts stable returns of 4%, 5%, and 6% for money market funds, bonds, and stocks respectively, suggesting that necessary adjustments are being made rather than a forced recession.

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"Trump 2.0" Roadmap: A "Grand Chess Game" of American Debt Restructuring