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Finance Minister Katsunobu Kato stated Japan will not use its U.S. Treasury bonds as leverage against American tariffs. This was in response to a suggestion to sell the bonds as retaliation. Kato clarified that these holdings are for potential currency intervention. Selling them would be like buying yen, a move Japan is wary of.
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News and Media
A U.S. judge has ordered the Trump White House to lift access restrictions imposed on the Associated Press, following a dispute over the news agency's continued use of "Gulf of Mexico." Judge Trevor McFadden ruled that the White House cannot selectively restrict access based on viewpoints, granting AP journalists access to key White House events.
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News and Media
The S&P 500 plummeted below 5,000 for the first time in nearly a year, triggered by investor anxieties over President Trump's impending tariffs. A strong morning rally faded as hopes for tariff delays diminished. The benchmark index has suffered a significant market value loss since the tariff announcement.
Category:
News and Media
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