$USDC

Japan has just sent a strong warning to the U.S. by reminding everyone that it holds $1.13 trillion in U.S. Treasury bonds — the biggest foreign holding. Finance Minister Kato openly said this could be used as leverage in trade talks, signaling Japan is done being quiet.

This move shook global markets and shows how serious tensions have become. If Japan or China dump U.S. debt, it could crash the bond market. Message is clear: don’t push Japan too far.