Japan Finance Minister Aso says to closely watch U.S. tariff moves on China
TOKYO (Reuters) - Japanese Finance Minister Taro Aso said on Friday that he would closely watch the United States' move to impose tariffs on up to $60 billion of Chinese goods.
Aso was speaking to reporters hours after U.S. President Donald Trump signed a presidential memorandum that will target Chinese imports, though only after a consultation period.
China will have space to respond, reducing the risk of immediate retaliation from Beijing.
(Reporting by Tetsushi Kajimoto; Editing by Chang-Ran Kim)
(Only the headline and picture of this report may have been reworked by the Business Standard staff; the rest of the content is auto-generated from a syndicated feed.)