US President Donald Trump claims ‘big progress’ in Japan trade talks

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US President Donald Trump said trade talk negotiators had made “big progress” following a meeting with Japanese representatives in Washington about the barrage of tariffs he has imposed on global imports. 


“A Great Honour to have just met with the Japanese Delegation on Trade. Big Progress!” Trump wrote in a post to his Truth Social platform.


Earlier in the day, Trump said that he would personally attend the negotiations, which were headed by the US Treasury and Commerce departments. Ryosei Akazawa, Japan's economic revitalization minister, came in Washington to lead the discussions.


Market reaction  


At the press time, the USD/JPY pair is up 0.47% on the day to trade at 142.56. 

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