There is a sense that Japan’s attitude has also changed a bit. No more kowtowing, but looking for new leverage. The biggest change has been a public pledge to include us treasuries as a bargaining chip. After all, it probably didn’t want to goad Donald Trump. The Japanese government had made it clear that it wouldn’t sell debt or include it in -JAPAN talks. But on May 2, Japanese Finance Minister Katsunobu Kato said on the show that”It is a fact that Japan holds U.S. Treasury bonds,” so in the U.S.-JAPAN talks, “It is only natural that everything that can be used as bargaining chips should be put on the table for discussion.”. What do you mean? In the United States, if you want to talk about trade issues, if you want to talk about U.S. troop subsidies, if you want Japan to make major concessions, well, in the United States, we also want to talk about the U.S. national debt. US treasuries, after all, are Donald Trump’s greatest weakness.

Why did Donald Trump suddenly stop tariffs for 90 days? One of the most immediate triggers has been the run-up in US treasuries, with institutions dumping them. CNN reported at the time that he shrugged when the stock market crashed and zero per cent of his market capitalisation disappeared, but had to blink and act when the bond market panicked. Donald Trump, there’s no rush. The U.S. has $36 trillion in debt. If interest rates stay at 4.5% , interest payments alone will account for a quarter of U.S. revenue in a year. If interest rates soar, this is how musk cuts jobs, can not make up for the huge losses, perhaps the United States really will go bankrupt. And who was selling bonds? Not China, but Japan! More specifically, a Japanese investment house. Donald Trump’s tariff war triggered a stock market sell-off that nearly blew up the Japanese institution’s position, forcing it to sell treasuries to make up for it. But it does not want a big sell-off to be the last straw for Donald Trump. The Japanese government clearly sees this. That is what a single Japanese institution can achieve, not to mention that Japan, with more than $1,000 bn in treasuries, is the largest holder of US debt. Wouldn’t it be foolish for Japan to give up Donald Trump’s ability to bully it into backing down? So, too, is Japan’s attitude. Of course, in Trump’s eyes, Japan is still the best target for blackmail.

The fact that Donald Trump was the first to negotiate, even in person, speaks volumes about the special importance Donald Trump attaches to the Japanese. To add insult to injury, 20 minutes after meeting Donald Trump, he began tweeting that”Great progress has been made”! And this time point, moved to another room to start the U. S.-JAPAN negotiations, has not yet opened half. Donald Trump was in such a hurry that he personally stepped down to extract the biggest concessions, intending to set an example for other negotiations and, in the words of the Japanese media, eventually as a bargaining chip to put pressure on China. But Donald Trump has shown no mercy to the Japanese, demanding both that they quickly import more American goods and that they pay the equivalent of 400 percent of the U.S. military subsidies now stationed in Japan. The United States should benefit from the sharp appreciation of the yen, and Japan should take joint measures against China. . . ! … even for the Japanese ! To send a smiley face to the United States, it’s OK to wear a red MAGA hat, but the real money hurts. Besides, China is Japan’s biggest trading partner. It would be foolish for Japan to cut ties with China. Japan knows better the disastrous legacy of the Plaza Accord. Ishiba Shigeru government did not dare the slightest carelessness . So, before the -JAPAN talks, Shigeru Ishiba made a rare public denunciation of Trump’s tariff policy, saying that it”May have disturbed the global economic order.” He also stated that Japan does not intend to make major concessions, nor is it eager to reach a deal in the tariff talks with the US, which are seen as Japan’s”Strongest signal” to the US The Japanese know very well that this is an alliance under the city. If it is well negotiated, the loss will be less. But if it is not well negotiated, it will be a new”Plaza Agreement”. Japan will pay a heavy price and even change its national destiny. For the Americans, for the Donald Trump, there is much to be done . For example, donald Trump demanded that the Japanese increase subsidies to the military stationed in Japan to 400% of the current level, which is too harsh a rip-off, and Donald Trump was most unhappy with Japanese cars, “In many cases, friends are worse off in trade than enemies,” he said, including, of course, Japan, donald Trump also accused the Japanese of a”Bowling test” plot to drop a bowling ball from 20 feet in the air to see if it would dent the bonnet of a car as a Non-tariff barriers to trade against American cars? . The Japanese are dumbfounded by what this conspiracy theory is. ? But the president of the United States loves it. And Donald Trump’s public statements . He said, after the tariff policy was released, many countries came to him, “Countries are calling and kissing my ass. They were eager to make a deal and said, ‘Please, sir, don’t raise our tariffs, I’ll do whatever you want, sir. ‘”. There must be Japan because Japan will take the lead in talking to the United States.

Stretch head is a knife, shrink head or a knife. Japan is very tangled, but tangled, more or less a bit desperate. After all, as the Japanese have seen over time, it is Donald Trump, not them, who is now more anxious. China’s strong counter, the objective of the more encouraged Japan. The Japanese found that there is such a road, straight chest, dignified, both to safeguard their own interests, the world also admire. So we see that the U.S.-JAPAN pact that Donald Trump hoped would be reached soon is still in its infancy, and the Japanese are scheming to use U.S. debt as a bargaining chip. Of course, it is not clear how tough Japan can be. Does not rule out the oral hard following the soft, but also does not rule out the habit of first hard after the soft, and even the final offer to the United States cast name. But after this battle, Japan also clearly realized that the United States is becoming more and more selfish. What allies are not allies, what dead friends are not dead, and what they used to do for the United States is now being done by the United States first. In the U. S.-japan relationship, the U. S. has always been strong, Japan’s position is what the position. But now the Japanese, very disappointed very headache, but also is not an economical lamp, the specific position of the tricks, it is estimated that enough Americans to drink a pot.
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