If true, this is pretty slick from a Canadian’s perspective.
Canada holds 350 billion UST
Japan holds 1 trillion UST
Big players in Europe/UK combined 1.5T
Carney (current Canadian PM) visits all of the countries listed above for closed door meetings (didn’t go to Japan but they were listening)
When Trump went too far with his tariffs they all start quietly liquidating their USTs to push up interest rates to make him cave.
Sikto
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If you’re looking for a deeper understanding of what’s playing out as the US attempts to restructure global trade:
https://www.hudsonbaycapital.com/documents/FG/hudsonbay/research/638199_A_Users_Guide_to_Restructuring_the_Global_Trading_System.pdf