MeidasTouch host Ben Meiselas reports on Japan showing who really holds the cards in trade negotiations with Donald Trump. Thanks to Brain.fm! Unlock your brain’s full potential FREE for 30 days by going to brain.fm/MEIDAS Learn more about your ad choices. Visit megaphone.fm/adchoices
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Japan's finance minister, Katsunobu Kato, had a powerful message for the United States. If you treat us in Japan with disrespect over these tariff negotiations, we could use the nuclear option. We have the largest holdings of U.S. treasuries in the world. totaling over $1 trillion. You treat us with disrespect, Donald, we will dump those and we can crash the United States markets.
So don't test us. Don't treat us with disrespect. Don't dishonor us. And Japan has objected to the way the United States has presented these trade proposals. Now, This should be an easy deal to make with Japan. We already had a trade deal with Japan in 2018 that Donald Trump negotiated.
And now that Donald Trump wants to dishonor Japan, treat Japan with disrespect, Japan is objecting to the trade proposal. And right now there's been no deal. Now, Donald Trump has told us what week after week after week. We're about to do a deal with Japan. I'm about to do a deal with India and Japan. We're announcing it. It's right around the corner. It's right around the corner.
That has not taken place despite all of Donald Trump's lies that it's going to happen. And to me, this is a major indicator again because the deal with Japan should be the easiest deals. Now, we got a whiff that things were going very bad.
when japan's prime minister ashiba back on april 21st 2025 said we're not rushing into anything we want to strike a fair deal we don't want to be disrespected and japan just can't keep on conceding things to the u.s without getting anything in return japan is not going to do that Then messages got out that a deal with Japan may not take days, but maybe weeks away.
And, you know, one of the things that we're learning about as well is, and you see right here, Japan's lead tariff negotiator, Roy Siakazawa, just says things just generally are not going good. And Prime Minister Ashiba's administration saying Japan's prepared to use its role as America's largest creditor as leverage in the trade talks.
So if that's how our close allies are treating us, how do you think the rest of the world is viewing us right now? I want to just show you some data points here as well. Why is Japan saying this now? Well, if you've been watching the Midas Touch Network, you know we've been following Prime Minister Ashiba's actions.
One of the things that Japan saw that they took big notice of, the elections in Canada. You go, how could the elections in Canada impact Japan? It's why on this network we have a global focus so you can see the connections. The same reason that the Canadian elections also had a big impact on the Australian elections. And it's the Trump effect.
When Trump is dishonoring nations, treating nations like crap, A resistance rises against Donald Trump. And if leaders are obsequious to Donald Trump and try to appease Donald Trump, they're punished at the ballot box. Take a look at the Japan Times, for example. The Trump effect on elections is just beginning, including in Japan. And this article talks about how Trump.
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