Japan's trade negotiator Akazawa with a tweet. Reuters reports:
- says US tariffs on Japanese goods, including cars, will be lowered by September 16th
We knew this already.
USD/JPY down a little circa 147.30.
Akazawa said over the weekend that trade disputes with the United States remain unresolved
- noted that while Washington has issued a presidential order on auto tariffs, there has been no action yet on most-favoured-nation status for pharmaceuticals and semiconductors
Which we also knew already.
