Japan says its US Treasury holdings 'among tools for trade talks' - Breaking The News
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Japan says its US Treasury holdings 'among tools for trade talks'

EPA-EFE/KIMIMASA MAYAMA

Japanese Finance Minister Katsunobu Kato said on Friday that Japan's over $1 trillion in United States Treasury holdings are among the tools that could be used in trade talks with Washington.

Kato said that even though the main purpose of Japan's US Treasury holdings is to make sure it has enough liquidity to carry out yen intervention when needed, Tokyo needs to put "all cards on the table in negotiations."

"It could be among such cards. Whether we actually use that card, however, is a different question," Kato added.

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