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    Japan prepared to use its role as America’s largest creditor as leverage in Trump trade talks



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    Japanese Prime Minister Ishiba Shigeru attends a join press conference with NATO Secretary General Mark Rutte (not pictured) at the premier's office in Tokyo on April 9, 2025.

    Japanese prime minister Shigeru Ishiba, seen here at a NATO press conference last month, warned there was no breakthrough in talks with the Trump administration. “We have not yet reached a point where common ground has been found,” he told reporters on Friday.

    David Mareuil—POOL/AFP via Getty Images

    https://fortune.com/img-assets/wp-content/uploads/2025/05/GettyImages-2208703279-e1746187885552.jpg?resize=1200,600
    https://fortune.com/2025/05/02/treasury-market-japan-americas-largest-creditor-trump-trade-talks-leverage/


    Christiaan Hetzner

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