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Toshimitsu Motegi, Japan’s minister for economy, was on wires during early Tuesday.

Contrasts to the Finance Minister Taro Aso, Mr. Motegi sound less optimism to have a trade deal with the US. Some of his important comments are as follows:

Key Notes:

  • Not in full agreement yet with the US on trade.
  • Agreed with USTR Lighthizer to strive to narrow gap, including by holding working-level talks.
  • Declines to comment on whether a trade deal with the US is achievable by August.
  • Comments bade by trump show an aim to accelerate talks.