The USA has very high debt. The sum is now over 40 Billionen dollars. This is a new record. A year ago it was 3 Billionen less.
Experts warn about this trend. The interest for the money keeps rising. This is called a debt spiral. In 6 years it could be 50 Billionen.
There are many reasons for the high debt. People in the USA grow older. This costs a lot of money for health. Wars and tax cuts also cost much money.
Trump plays an important role. He made laws for high state spending. His policy with Zölle also costs money. Zölle are fees for goods from abroad.
Right now there is a dispute with the neighbor country Canada. Trump wanted high Zölle on goods from Canada. He stopped these Zölle for 3 days.
He negotiates with Mark Carney from Canada. They also talk about an oil pipe. This pipe brings oil from Canada to the USA.
