U.S. has no specific currency targets in Japan tariff talks: Bessent

The United States has "absolutely no currency targets" in its trade negotiations with Japan, Treasury Secretary Scott Bessent said Wednesday, as the two countries aim to find some middle ground following President Donald Trump's imposition of severe tariffs on imports.Bessent's statement, making it clear that the Trump administration will not pursue specific foreign exchange rates in the talks, came a day ahead of a meeting with Japanese Finance Minister Katsunobu Kato in Washington, with currency policy likely to top the agenda.Kato confirmed to reporters that the meeting with Bessent will…READ FULL ARTICLE