Japan secures reprieve from currency manipulation charge
Interest-rate differentials between Japan and the United States expected to continue widening
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Tokyo
JAPAN won a reprieve from US charges of currency manipulation during the weekend meeting of Group of Twenty (G-20) finance ministers and central bank governors in Germany. But specialists warned the issue is likely to rear its head again soon unless Japan can find ways to reduce its trade surplus with the United States.
Meanwhile, US insistence on removing language from the G-20 communique committing advanced and emerging economy members to "resisting all forms of protectionism" is also seen as negative for Japan. US President Donald Trump has threatened border taxes on certain Japanese imports.
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