Japan’s Nishimura: No comment until final trade agreement signed with the US
|When asked whether negotiations on auto tariffs will continue, Japanese new Economy Minister Nishimura said that he doesn’t want to comment until final trade agreement signed with the US, per Reuters.
Meanwhile, Japan’s Foreign Minister Motegi noted, via Jiji, he wants to confirm in writing that the US will refrain from added tariffs on Japan car exports. He added that he would like to discuss the issue of section 232 of the trade expansion act in the finishing stage of Japan-US trade talks.
Japanese Finance Minister Aso said the currency provision won't be included in Japan-US trade deal.
Meanwhile, USD/JPY is seen defending the 108 handle, off the seven-week peaks, in the wake of souring risk appetite.
Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets. You should do your own thorough research before making any investment decisions. FXStreet does not in any way guarantee that this information is free from mistakes, errors, or material misstatements. It also does not guarantee that this information is of a timely nature. Investing in Open Markets involves a great deal of risk, including the loss of all or a portion of your investment, as well as emotional distress. All risks, losses and costs associated with investing, including total loss of principal, are your responsibility. The views and opinions expressed in this article are those of the authors and do not necessarily reflect the official policy or position of FXStreet nor its advertisers.