U.S. treasuries being dumped

China has also publicly announced that they are lightening their reserves of U.S. treasuries.  

Here is a table of foreign holders of U.S. treasuries (latest data are from before we started the war).  The consequences of such shifts are complex and may be country-specific.  It's a bit over my head, so interested readers will need to do some searching or offer suggestions in the Comments.

The author of that Facebook post is a world-renowned economist and the former President of Queens College, Cambridge.

Addendum:  Here's an article about what happens if other countries stop buying U.S. debt.  I haven't read it yet.  It was written a year ago, so probably in response to tariff matters, but the principles outlined may be valid.