Japan finance minister says agreed with Bessent that exchange rate should be set by market

• No talk of exchange rate target with Bessent
• G7 finance ministers saw positive signs in tariff talks

Just some token remarks really. As things stand, Akazawa is on his way to Washington for talks today and tomorrow. So, let’s see how that will pan out. Even though Trump’s reciprocal tariffs might have hit a snag, Japan is still among those more heavily hit by sectoral tariffs – autos in particular.

This article was written by Justin Low at www.forexlive.com.