Japan’s Kato Vows to Enforce U.S. Trade Deal, Seeks Stable Yen

Japan’s Finance Minister Katsunobu Kato said Tokyo will “steadily carry out” commitments under the United States–Japan trade agreement, including provisions aimed at reducing tariffs on automobiles. Speaking in Tokyo on Friday, he added that both governments share the view that the persistent U.S. trade deficit is unsustainable and must be addressed through full implementation of the deal. Kato declined to comment on specific foreign-exchange levels but stressed that currencies should move stably and reflect economic fundamentals, underscoring Japan’s concern over recent market volatility. The minister’s remarks signal the Kishida administration’s intent to keep the trade pact on track while avoiding abrupt moves in the yen that could complicate relations with Washington.