WASHINGTON – On Monday, January 12, Secretary of the Treasury Scott Bessent met with Finance Minister Satsuki Katayama of Japan.
The Secretary thanked the Minister for attending the United States’ critical minerals summit and emphasized the importance of critical minerals sovereignty amongst democratic nations.
Secretary Bessent reaffirmed to Minister Katayama his strong confidence in the U.S.-Japan alliance and expressed his appreciation for Japan’s positive engagement on OECD global minimum tax issues. Noting the inherent undesirability of excess exchange rate volatility, the Secretary also emphasized the need for sound formulation and communication of monetary policy.
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