TOKYO -- Planned talks between Japan and the U.S. about the "reciprocal tariffs" that have roiled markets could end up putting pressure on the Bank of Japan to raise interest rates faster than expected, as the Trump administration claims the weak yen contributes to unfair bilateral trade.
Bank of Japan
Trump tariff talks may pressure BOJ to hike rates
Japan could move to bolster weak yen, which U.S. president criticizes as 'unfair'
U.S. Treasury Secretary Scott Bessent will lead U.S. talks with Japan on the Trump administration's reciprocal tariffs. © AP
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