Japan, not China, might have the incentive to sell its U.S. treasury holdings: Strategist
Garry Evans of BCA Research sees little concession to be made to the U.S. by other countries, including China. He also discusses the potential weaponization of U.S. treasuries by its’ biggest foreign holders, Japan and China.
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The Plaza Accord led to two lost decades for Japan with zero economic growth. No way China is foolish enough to copy that disastrous policy
Lies!
The Problem with Averages: Japan’s Tariff Wall Isn’t as Low as They Claim
Mainstream media outlets often cite the “average tariff” Japan imposes on American goods as being only around 1.2%. While technically true, this number is misleading—and dangerously so.
Why? Because that average is diluted by hundreds of niche or barely traded products. Yes, if you factor in low-volume imports like paperclips or decorative sand, you’ll get a small number. But what happens when we look at the real goods—the ones America actually exports, and the industries that matter?
Here's what Japan actually imposes on major American exports:
1. Rice – Up to 778% effective tariff for imports exceeding quota.
2. Konjac (Glucomannan) – A plant fiber product with a whopping 1,706% effective tariff.
3. Butter – Up to 360% to protect domestic dairy.
4. Wheat – Steep duties above quota, supporting Japanese grain growers.
5. Cheese – Between 22.4% to 40% depending on the type.
6. Sugar Confectionery – 24% to 25%, including items like candy and white chocolate.
7. Leather Footwear – 30% or ¥4,300 per pair (whichever is higher).
8. Processed Pork – Tariffs vary, but remain high enough to deter competitive pricing.
9. Frozen Vegetables – Subject to seasonal and variety-based tariffs.
10. Oranges – Up to 32%, especially during Japan’s domestic harvest window.
When the tariffs that affect major agricultural and manufactured goods are this extreme, pointing to a 1.2% "average" is a disservice to the truth—and to American farmers, ranchers, and producers who face these steep walls every day.
Averages are useful in math class. But when used to dismiss real trade imbalances, they’re not just misleading—they're propaganda
Countries selling their us treasury bonds are not necessarily mean they do t have trust in US. They selling because they will need it to stimulate their economies.
Who owns US debt?
Japan is an American colony. No way they gonna sell US treasury without our permission.
So when is Trump going to kiss the ring or the backside President Xi? Such a move calm down ongoing testosterone stress out there…😅😅😅😅😂😂😂
For either the US or China, their biggest challenge is their domestic probelms, not the external affairs. Neither of them can be destroyed by this so-called trade war or technology containment. The real competition lays on which side has the better-planned and more efficient governance, promoting the development and investment targetting on the future manufactures and technologies, and expanding their ecomonic power globally. Trump wants to solve the problem of deficits, which essentially is its uncompatible financial system. China wants to transform its current ecomonic structure towards more advanced manufactures and much higher domestic consumptions. We are seeing a long-term competition and maybe quite a chaotic one, but Trump seems doesn't demonstrate such leaderships and long visions to make American great again.
I’m feeling stunned right now!
EU's tariffs are much higher than 1%, On cars it is 10%. Then there is the quota. All imports are restricted by quotas
The only thing other countries should give Trump is the middle finger (F-you Trump)!!!!
China is not jap dog lol
VAT is NOT a tariff. It is a sales or consumption tax and not a tax limited to imported goods and services. Please be more accurate. And why should the UK or any other country have to "give" concessions to the US? The US is acting like the mafia by using extortion as a tool.
well known already the JP hedge fund selling was due to over-leveraged position and was unwinding a bad trade.
Chinese holdings of Ginnie Maes over $1 trillion? Dump those?
India must buy more U.S. treasury bonds to prove its loyalty to U.S. A mass deportation of all Indian H1B and naturalized citizens of Indian ancestry could be America's leverage over India. India must also extradite Gautam Adani, the criminal scammer, back to USA for trial.
It should not be a coincidence that German yields plummet and Euro appreciates during the course of US treasuries yields spikes
We have the worst Poker player ever . The bluff did not work, in fact it will backfire.
Any country exposed to America's MAGA should be very, very worried. Apparently Trump can write an executive order freezing any countries assets (or 100 yr zero coupons) in America because of a 'National emergency', National security', or some fictious war no one heard of. Trump makes up shit every day and don't think he won't do it. Japan/China are quietly selling off treasuries and converting the dollars to their gold reserves. If they do it too fast the bonds will become worthless.
Why would any American or anyone who spoke on our behalf believe that treating other nations poorly wouldn't have consequences, even if their responses to our behavior wasn't painful to them? Increasingly, other nations are seeing too much benefit to potentially working with one another to just roll over for some aimless oaf with a complex.
Glory!!! After so much struggles I now own a new house with an influx of $175,000.00 every month God has kept to his words,my family is happy again everything is finally falling into place. God bless America.
China is already starting to dumb US treasury bonds, and other country will follow, so soon the dollar will be worthless, inflation is coming to the US, and the dollar will be no longer the world currency, and it will be the end of the USA,
Donald Trump will liberate the world from American domination. Ironically. No country will ever trust or depend on the United States again.
Chinese exports to the US might be a small part of their GDP but it's a significant amount in terms of employment.
A Wall Street Journal associate editor interviewed on PBS said that Trump should be investigated for insider trading. Seven bankruptcies, 34 convictions for fraud and $10 trillion in stock mamarket losses; Trump is a disaster waiting to happen.
Here is a direct quote from the USAfacts website: “As of April 2024, the five countries owning the most US debt are Japan ($1.1 trillion), China ($749.0 billion), the United Kingdom ($690.2 billion), Luxembourg ($373.5 billion), and Canada ($328.7 billion).” Please note that Canada owns over $300 billion and the US government is threatening us?