Trump is reportedly looking into hitting Beijing with 'antique' debt obligations from Imperial China

Imperial Palace, China.
(Image credit: STR/AFP/Getty Images)

The Trump administration amid the U.S.-China trade war is apparently examining the "loony" idea of going to Beijing with century-old debt obligations.

Owners of 100-year-old Chinese bonds have been asking President Trump to get Beijing to honor them, Bloomberg reports, with the administration currently "studying" this "unlikely prospect." This debt hasn't been recognized by the People's Republic of China, but Trump, Treasury Secretary Steven Mnuchin, and Commerce Secretary Wilbur Ross have reportedly held meetings with bondholders to discuss it.

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Brendan Morrow

Brendan worked as a culture writer at The Week from 2018 to 2023, covering the entertainment industry, including film reviews, television recaps, awards season, the box office, major movie franchises and Hollywood gossip. He has written about film and television for outlets including Bloody Disgusting, Showbiz Cheat Sheet, Heavy and The Celebrity Cafe.