Japan's Norinchukin Bank didn't dump Treasurys over Trump tariffs: CEO

Agricultural bank chief dismisses sell-off rumors, stressing longer-term asset reforms

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Sweeping tariffs enacted, then paused, by the U.S. in early April led to widespread market turmoil. © Reuters

HARUKI KITAGAWA

TOKYO -- Japanese agricultural lender Norinchukin Bank did not conduct large-scale sales of U.S. Treasurys following the implementation of "reciprocal" tariffs by the Trump administration, President and CEO Taro Kitabayashi told Nikkei in a Wednesday interview.

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