Japan’s Motegi: We have agreed with the US to create a balanced deal
|Alongside the comments from Japan’s Finance Minister Aso, the country’s Economy Minister Motegi also crossed the wires, making some comments on the US-Japan trade deal.
Key Quotes:
Want to deal with the auto tariff issue in the US trade deal.
Don't think US-Japan trade talks will result in outcome that would cause worries among Japanese automakers.
We have agreed with the US to create a balanced deal.
The Yen is seen picking up some strength on the above comments amid increased hopes of a likely US-Japan trade deal. USD/JPY extends losses to test daily lows near 105.80 region, down -0.30% on the day.
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