US did not bring up exchange rate target in trade talks, Japan's Kato says

Bessent describes negotiations with South Korea as 'moving faster than I thought'

U.S. President Donald Trump attends a meeting with Norway's Prime Minister Jonas Gahr Stoere at the White House on April 24. © Reuters

KEN MORIYASU

April 25, 2025 04:40 JST

Updated on April 25, 2025 07:36 JST

WASHINGTON -- The administration of U.S. President Donald Trump held a flurry of trade talks with counterparts on Thursday, as representatives gathered in the American capital for a meeting of the Group of 20 finance ministers and central bank governors.

Treasury Secretary Scott Bessent met with Japanese Finance Minister Katsunobu Kato for 50 minutes, where Kato called the U.S. tariff measures "extremely regrettable."