Japan Signals $1T U.S. Treasury Holdings as Bargaining Chip #Tariffs #ReciprocalTariffs #Trump
Japan signals 1 trillion US Treasury holdings as bargaining chip. Japanese Finance Minister Katsunobkado said on TV Tokyo, “We need to put all cards on the table in negotiations, noting Japan’s treasury stockpile could be among such cards. Whether we use that card or not is a different matter,” he added. “We don’t keep the treasuries to support the US. We will intervene if our country is in trouble.” Japan remains the largest foreign holder of US treasuries with nearly $1.13 trillion as of February ahead of China 784 billion and the UK 750 billion per treasury data.
Japanese Finance Minister Katsunobu Kato said on TV Tokyo, “We need to put all cards on the table in negotiations,” noting Japan’s Treasury stockpile “could be among such cards.”
“Whether we use that card or not is a different matter,” he added. “We don’t keep (the Treasuries) to support the U.S. We will intervene if our country is in trouble.”
Japan remains the largest foreign holder of U.S. Treasuries, with nearly $1.13T as of February, ahead of China ($784B) and the U.K. ($750B), per Treasury data.