Sealy J, U.S. Treasury Building, Washington, D.C., CC BY-SA 4.0, via Wikimedia Commons Critics attack the president’s tariffs and economic policies, yet the world is investing in the U.S. at record levels. The very countries Trump has clashed with in trade disputes, and hit with massive tariffs, are buying up U.S. Treasury notes. As of June 2025, foreign entities hold a record $9.13 trillion in U.S. Treasury notes, an $80.2 billion increase from May’s $9.05 trillion. This marks the fourth consecutive month above $9 trillion and represents nearly a $1 trillion (10%) increase compared to June 2024, when holdings stood at about $8.13 trillion. Japan remains the largest foreign holder with $1.147 trillion in June 2025, up $12.6 billion from May. The United Kingdom holds…
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