TOKYO – Fresh off getting outmaneuvered by Tokyo on a “trade deal,” President Donald Trump’s team is going even further to demonstrate its ignorance of the state of play in Japan. Case in point: US Treasury Secretary Scott Bessent complaining that the Bank of Japan isn’t hiking interest rates fast enough, when his boss is the reason […]
Scott Bessent’s got a Japanese blind spot
US Treasury Secretary cajoles Bank of Japan to raise rates, which won’t happen any time soon precisely because of Trump’s tariffs
