US EditionJapan rules out using US Treasury holdings to counter Trump tariffs
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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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