Finance chief Kato walks back idea of U.S. Treasury sales as trade chip

"Curious about Japan's stance on U.S. Treasury holdings? Finance Minister Katsunobu Kato clarified that the country won't use its Treasurys in trade negotiations with the U.S., dismissing earlier claims they could be a negotiating tool. Japan holds approximately $1.13 trillion in U.S. debt, managed through a special account to ensure currency stability. The finance official emphasized that while the funds are available, using them as leverage is not part of Japan's strategy. The country remains engaged in high-stakes trade talks with the U.S., particularly over tariffs on car exports."