According to Asahi Shimbun, Japanese Prime Minister Shinzo Abe warned on the 14th that America's tariff policy might disrupt the global economic order. This is the strongest warning that Shinzo Abe has given so far regarding President Trump's tariff decision.
However, Abe emphasized that Japan will seek to reach a consensus with the United States and cooperate on issues such as trade and national security. He told the parliament: "When negotiating with the United States, we need to understand the logic and emotional factors behind Trump's arguments." I am fully aware that what has happened so far may disrupt the global economic order."
Abe also stated that the Japanese government currently does not consider additional budgets but is ready to take timely action to mitigate the impact of American tariffs.
The bilateral trade negotiations between the United States and Japan will be held on the 17th, and it is expected that the discussions will involve topics such as tariffs, non-tariff barriers, and exchange rates.
Ryo Masazumi Akaza, the Minister in charge of Economic Revitalization, will represent Japan in this round of U.S.-Japan trade negotiations. Ryo Masazumi Akaza stated that Japanese Finance Minister Taro Aso will discuss exchange rate issues with U.S. Treasury Secretary Janet Yellen.
Taro Aso then said: "Both Japan and the United States believe that excessive market fluctuations will have a negative impact on the economy."
Original source: https://www.toutiao.com/article/7493134720726565412/
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