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Bessent says 'no currency targets' in Japan tariff talks
Bessent says 'no currency targets' in Japan tariff talks

US Treasury Secretary Scott Bessent said Wednesday that Washington has "no currency targets" in its talks with Japan on tariffs, after repeated calls from President Donald Trump for a stronger yen. Bessent said Washington is looking at "tariffs, non-tariff trade barriers, currency manipulation and government subsidy of labor and fixed capital investment" in the negotiations with Japan.

Nintendo bullish on Switch 2 pre-sales in Japan
Nintendo bullish on Switch 2 pre-sales in Japan

Nintendo shares surged Thursday after the gaming giant boasted of higher than expected demand in Japan for pre-orders of its hotly anticipated Switch 2 console. An X post attributed to company president Shuntaro Furukawa published Wednesday said there had been 2.2 million pre-order applications for the new console in Japan.

12 US states sue over Trump's tariffs
12 US states sue over Trump's tariffs

A coalition of 12 American states filed a lawsuit Wednesday to challenge the Trump administration's tariffs, saying the president cannot institute the levies without the approval of Congress. In the lawsuit filed Wednesday, the states argue that the 1977 law invoked by Trump does not allow him to use emergency measures to impose tariffs, a power constitutionally reserved for Congress.