Katayama talks taxes and debt without saying too much
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Finance Minister Satsuki Katayama of Japan discussed taxes and debt with U.S. Treasury Secretary Scott Bessent over a phone call on Friday. The conversation took place shortly after Prime Minister Sanae Takaichi assumed office amidst market skepticism and ongoing implementation of a significant trade deal between the two nations. Katayama emphasized that under the new administration, the Japan-U.S. relationship remains crucial due to shared values and intentions for collaboration across various issues. A face-to-face meeting between Katayama and Bessent is scheduled for Monday.
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