Japan finance minister Kato told the G7 that US tariffs are highly disappointing

  • Japan finmin Kato

Japan finmin Kato:

  • US tariffs, countermeasures are creating uncertainties in financial market
  • told G7 US tariffs are highly disappointing
  • Stressed that free trade regime promotion important
  • Constructive policy discussion important
  • refrains from comment on Bessent's foreign exchange remarks
  • FX rates should be determined by the market
  • Excessive forex moves negatively affect the economy
  • In meeting with Bessent tomorrow, hope to hold talks on basis of past understanding on the need for two countries to coordinate closely
Kato finance minister Japan 06 February 2025 2

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