The remark came as Japan's top trade negotiator Ryosei Akazawa met with US Treasury Secretary Scott Bessent in Washington for a second round of bilateral tariff talks.
Data this week showed the US economy shrank for the first time in three years in the first quarter, while China's factory activity contracted at the fastest pace in 16 months in April.
Japanese Finance Minister Katsunobu Kato said on Friday the country's huge $1 trillion-plus in US Treasury holdings are among the tools available for Tokyo to use in trade negotiations with the United States.
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