Japan rules out the possibility of using U.S. Treasury bonds as a bargaining chip in tariff negotiations

ChainCatcher news, according to Jinshi reports, Japanese Prime Minister Shigeru Ishiba stated today that Japan will emphasize "fairness" in any discussions with the United States regarding exchange rates. Some analysts suggest that Japan could leverage its holdings of over $1 trillion in U.S. Treasury bonds as a trade lever; however, Japanese Finance Minister Katsunobu Kato ruled out the possibility of using them as a bargaining chip earlier this month.

When asked whether Japan would mention its holdings of U.S. Treasury bonds during negotiations, Ishiba stated, "This is a matter based on mutual trust, global economic stability, and the stability of both economies."