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Japan finance minister expresses deep concern over impact of Trump's tariffs
JPY
- Deeply concerned about US tariffs affecting Japan, world economy
- Impact could be felt via various routes such as trade and financial markets
- There's a risk of exerting downwards pressure on Japan's economy
- No comment on what will be discussed on FX at possible meeting with Bessent
- No change to Japan's stance over recent FX market developments
- Actively exchanging views with the US on basic stance on FX
- Will closely communicate with the US on currency issues in light of market volatility
Source: Forex Live