TOKYO (AP) — Japan’s massive holdings of U.S. Treasurys can be “a card on the table” in negotiations over tariffs with the Trump administration, Finance Minister Katsunobu Kato said Friday.
“It does exist as a card, but I think whether we choose to use it or not would be a separate decision,” Kato said during a news show on national broadcaster TV Tokyo.
Kato did not elaborate and he did not say Japan would step up sales of its holdings of U.S. government bonds as part of its talks over President Donald Trump's tariffs on exports from Japan.
Earlier, Japanese officials including Kato had ruled out such an option.
Japan is the largest foreign holder of U.S. government debt, at $1.13 trillion as of late February. China, also at odds with the Trump administration over trade and tariffs, is the second largest foreign investor in Treasurys.
Kato stressed that various factors would be on the negotiating table with Trump, implying that a promise not to sell Treasurys could help coax Washington into an agreement favorable for Japan.
Trump has disrupted decades of American trade policies, including with key security allies like Japan, by i mposing big import taxes, or tariffs, on a wide range of products.
A team of Japanese officials was in Washington this week for talks on the tariffs.
The U.S. is due to soon begin imposing a 25% tariff on imported vehicles and auto parts, as well as an overall 10% baseline tariff. The bigger tariffs will hurt at a time when Japanese economic growth is weakening.
Asian holdings of Treasurys have remained relatively steady in recent years, according to the most recent figures.
But some analysts worry China or other governments could liquidate their U.S. Treasury holdings as trade tensions escalate.
U.S. government bonds are traditionally viewed as a safe financial asset, and recent spikes in yields of those bonds have raised worries that they might be losing that status due to Trump’s tariff policies.
FILE - Finance Minister Katsunobu Kato arrives at the prime minister's office Monday, Nov. 11, 2024, in Tokyo. (AP Photo/Shuji Kajiyama, file)
NEW YORK--(BUSINESS WIRE)--Jan 12, 2026--
Today, a leading global wedding technology platform The Knot Worldwide (TKWW), announced the appointment of Michael Pickrum as Chief Financial Officer. With more than 25 years of experience in strategic finance, operations, and business development within the media and technology industries, Pickrum will oversee TKWW’s global finance organization. Pickrum joins TKWW at an exciting moment as the company celebrates its 30-year anniversary and continues to grow and scale with a focus on product innovation.
This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20260112910392/en/
Pickrum joins TKWW from Maximum Effort, the media, marketing, and investment company co-founded by Ryan Reynolds, where he served as Chief Financial Officer. Before this, he held the roles of COO and CFO at ExecOnline, Inc., a B2B online leadership development company. Pickrum spent over 17 years at BET/Viacom, where he served as EVP and CFO starting in 2007. Prior to that, he was COO of BET Interactive. He earned his master's and bachelor's degrees in engineering from Stanford University and his MBA from The Wharton School.
“I am thrilled to be joining TKWW at such an important time in the company’s journey,” said Michael Pickrum, CFO, TKWW. “There is incredible power in celebrations and I am looking forward to working with the exceptional team at TKWW to further enable our millions of couples and 900,000 small business owners around the world to celebrate life’s most meaningful moments.”
“Michael is a world-class financial and operations leader with an impressive track record of driving strategic growth and operational excellence across media and technology companies,” said Raina Moskowitz, CEO, TKWW. “As we continue to grow and scale with a focus on product innovation, Michael’s deep expertise in strategic planning, analysis, and capital allocation will be critical to our ongoing success. We are thrilled to have him join our team and help guide TKWW through our next phase of growth.”
Pickrum is based in New York, NY and reports to TKWW Chief Executive Officer Raina Moskowitz.
About The Knot Worldwide
Across North America, Europe, Latin America, and Asia, The Knot Worldwide champions the power of celebration. The company’s global family of brands provides best-in-class products, services, and content to take celebration planning from inspiration to action. Through its wedding brands, including The Knot, WeddingWire, Bodas.net, Hitched.co.uk, Mariages.net, Matrimonio.com, and others, the company offers an extensive database of hundreds of thousands of wedding professionals to assist couples in organizing the happiest day of their lives. We have a brand for every kind of celebration—from booking a birthday party, to planning a wedding, to preparing to become a parent, and every moment in between.
Michael Pickrum, courtesy of The Knot Worldwide
