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.…
  • acargitzEnglish
    3·
    4 days ago

    Sure, but the question is if it owns enough to make the bite hurt.

    • ZDL@lazysoci.alEnglish
      2·
      4 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.