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Japan rules out using US Treasury holdings to counter Trump tariffs

Summary by The Economic Times
Finance Minister Katsunobu Kato stated Japan will not use its U.S. Treasury bonds as leverage against American tariffs. This was in response to a suggestion to sell the bonds as retaliation. Kato clarified that these holdings are for potential currency intervention. Selling them would be like buying yen, a move Japan is wary of.
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The Economic TimesThe Economic Times

Japan rules out using US Treasury holdings to counter Trump tariffs

Finance Minister Katsunobu Kato stated Japan will not use its U.S. Treasury bonds as leverage against American tariffs. This was in response to a suggestion to sell the bonds as retaliation. Kato clarified that these holdings are for potential currency intervention. Selling them would be like buying yen, a move Japan is wary of.

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The Economic Times broke the news in on Wednesday, April 9, 2025.
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