Listen: US, Japan And Europe discussed on Biz 1190 Overnight featuring Bloomberg Radio
"Says initial trade talks with the US Frank and phone common. Grind them bugs senior Asia. Edited. Derek Wolfe Bank is watching this story. Good. See this morning. The minister has also been in deflecting questions about the potential inclusion of currency close. It seems to be a common thing the latest. That's right. Yeah. Talks underway in Washington. There were comments after that that that I think people got a little bit excited, but there's not quite as much to get excited about it. It's very pro forma Japan is trying to contain these talks to the scope of earlier issue documents which critically don't contain commentary about FX. Now anyone who's been following trade for a long time, then longtime I mean couple months to a year understands that the US position on currency is sort of iron clad. They're really concerned that Asian countries in particular as well as Europe are going to try and deflate their currency a little bit gained traits ause. So US is trying to put currency into any of these trade discussions Japan doesn't want that. And so there had been a fair amount of attention on whether or not this would be part of it. And I gotta say coming out of this. We don't have a better answer for you. I wish that we did. But we don't you can count. Oh on the US to be insistent on things about agriculture about automobile. Some of these key things that you've been hearing for very little fairly long time. But on facts don't have a better answer for your wish. We did. We've got quite a bit attraction on other fronts. The EU ministers giving the green lights is starting to go with the United States. Very exciting. Then going to be very strained conversation. Any anything with the EU and trade? Look, Donald Trump has been very clear for a long time that he thinks that the EU is absolutely going to town on the United States on a fair number of things. I mean, keep in mind, there's an overhanging autos tariff threat that we're that we're dealing with. Where Europe is trying desperately to make sure that Volkswagens and Mercedes and BMW's don't come with an extra twenty five ish percent cost to them. And so anything that you're dealing with in terms of trade between the US EU is coming with these overhanging threats from the White House to Europe. Notably thinking back to Japan. We're not looking at a lot of that sort of overhanging pressure. Perhaps there's a better relationship that Trump has with Shinzo Albay. But that overhanging threat that you have with Europe and China doesn't seem to be quite as president with the Japanese. Derek? I say this set of trade talks ends up. We'll make senior Asia at the very latest on guest host this morning is christoph-. Brandon CEO TD Ameritrade Asia joins us from Singapore studio"