Japan’s Finance Minister Kato said the joint statement was especially significant in light of the new US tariff order, while noting there were no talks with Treasury Secretary Bessent on specific FX levels.
Said he has built up discussions with US Treasury Secretary Bessent on foreign exchange.
Noted that the decision to release a joint statement on FX followed the US executive order on tariffs for Japan.
Stressed there were no talks with Bessent on desirable FX levels.
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