U.S. President Donald Trump on Tuesday floated the idea of further increasing tariffs on imports from Japan, envisioning a level as high as 30 percent or 35 percent in his latest salvo against Washington's key ally amid stalled bilateral trade negotiations. "I'm not sure we're going to make a deal.…
  • Tenderizer@lemmy.caEnglish
    7·
    3 days ago

    Japan owns a lot of American debt but most of it is owned by American domestic companies.

      • ZDL@lazysoci.alEnglish
        2·
        2 days ago

        WAY more than enough.

        A sudden sale of 1% of the T-Bills in circulation would be devastating.

        Japan owns 4.3% of them. (The UK has 3.1% and China 2.9%.)

        Japan alone could make the US squeal like a piggy. If they coordinate with China (possible) and/or the UK (far less likely), it’s an economic nuke.