Japan finance minister: US bond holdings a bargaining chip in tariff talks | NHK WORLD-JAPAN News
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Japanese Finance Minister Kato Katsunobu has said US government bond holdings could be one of the country's bargaining chips in tariff negotiations with Washington.
  • Randomgal@lemmy.caEnglish
    1 year

    I think once all their former allies have gathered their bearings, the US is goo g to discover that nations all over the world have their own martial and combative ways.

  • 0x01@lemmy.mlEnglish
    1 year

    Nothing is a bargaining chip dealing with trump except money going directly to his bank account. They should literally just bribe him.

  • resipsaloquitur@lemm.eeEnglish
    1 year

    How? Trump is explicitly trying to weaken the dollar. Selling US treasuries would help his stated goal — one of the few I believe he’s sincere about.

    Ditto China.

    And refusing to buy new treasuries would be an empty threat to a fiat currency issuer. The US could never sell another treasury bond again and still operate.

    I hate Trump, but this isn’t the flex anyone thinks it is.