Reported 9 days ago
Japanese Finance Minister Katsunobu Kato announced that upcoming trade negotiations with the United States may include discussions on foreign exchange rates. The talks, which could occur during Kato's expected visit to Washington later this month, aim to address various economic concerns, particularly in light of President Trump's focus on the U.S. trade deficit. Analysts suggest that Japan may face pressure to strengthen the yen, which has appreciated against the dollar this year. Additionally, Kato is anticipated to play a crucial role in these discussions alongside the appointed trade negotiator, Economy Minister Ryosei Akazawa.
Source: YAHOO