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Japanese EcoMin Motegi: First round US-Japan trade talks on April 15-16

TOKYO (Reuters) reporting that the Economy Minister Toshimitsu Motegi said on Friday that Japan and the United States will hold a first round of trade talks on April 15-16 in Washington:

  • ... to find ways to address U.S. concerns over the large surplus Japan enjoys in bilateral trade.
  • U.S. President Donald Trump has made clear he is unhappy with Japan’s $69 billion trade surplus with the United States - nearly two-thirds of it from auto exports - and wants a two-way agreement to address it.

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PBoC fixes USDCNY reference rate at 6.7220 (prev fix 6.7088 prev close 6.7190)

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