Japanese And Chinese Representatives To Resolve U.S.-China Conflict

Forex News

According to the Asahi Newspaper, Japanese and Chinese officials will host a high-level economic negotiation for the first time in 8 years next week, in order to resolve the U.S.-China trade tension. Taro Aso (Japanese Finance Ministers) said he so far wasn’t aware of details about coming meeting, but knew that China wanted to address the issue.

Donald Trump included Japan to the list of exempted from the tariffs countries, but officials in Tokyo claimed they would like to avoid trade friction with the US. Shinzo Abe (Japanese Prime Minister) is about to meet with the President for a summit in the end of April. The majority is concerned that Trump might attack Abe, condemning his weak-yen policies, which would in turn worsen the price of Japan's exports.