Japan’s Aso: Situation between the US and China seems a little different this time

Dhwani Mehta FXStreet

Japanese Finance Minister Taro Aso told reported on Friday that the situation between the US and China seems a little different this time.

Aso added that the US and China are talking about fundamental issues.

His comments sound not so upbeat on the trade talks and cast doubt over a potential trade deal between the US and China.

The Yen is unfazed by the comments, with USD/JPY keeping its recovery mode intact near 107.50 levels.

Author

Dhwani Mehta

FXStreet

Residing in Mumbai (India), Dhwani is a Senior Analyst and Manager of the Asian session at FXStreet. She has over 10 years of experience in analyzing and covering the global financial markets, with specialization in Forex and commodities markets.

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