Japan signals US Treasury holdings could be trade bargaining chip with Trump
Friday, 2 May 2025 () Japan's finance minister Katsunobu Kato has suggested leveraging the country's substantial US Treasury holdings in trade negotiations with the United States. While primarily held for yen intervention, these holdings could be a bargaining chip, especially amid currency rate tensions. Despite denying specific exchange rate target discussions, Japan aims to firmly defend its interests in ongoing talks.
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