Japan's Katayama says Trump voiced concern over weak yen in summit with Takaichi
FXY•U.S. President Donald Trump voiced concern about the yen's depreciation during a summit with Japanese Prime Minister Sanae Takaichi, Finance Minister Satsuki Katayama said. Takaichi told Trump that an undervalued yen is problematic, Katayama said.
1. Trump raises yen weakness
Trump raised concern about the yen's weakness during a bilateral meeting with Takaichi, Katayama said Friday after consulting the prime minister's office. Katayama said Takaichi told Trump that, as a general principle, an undervalued yen is problematic.
