Sec. Bessent: The President Had a Very Good Call with Japanese PM that Led to Negotiations

KERNEN I think the ░░░░░░░░ took some solace though ░░░░░░░░ kind of a change ░░░░░░░░ the perspective Just last ░░░░░░░░ we were hearing no ░░░░░░░░ now we re talking ░░░░░░░░ you mentioned 70 different ░░░░░░░░ We re approaching Japan ░░░░░░░░ guess was early in ░░░░░░░░ of placing a call ░░░░░░░░ the White House And ░░░░░░░░ in earnest you and ░░░░░░░░ U S trade representative ░░░░░░░░ going to begin negotiations ░░░░░░░░ Japan I think that ░░░░░░░░ of the stability in ░░░░░░░░ markets there s no ░░░░░░░░ that s that s ░░░░░░░░ that s what I ░░░░░░░░ helped massage the markets ░░░░░░░░ some extent BESSENT Well ░░░░░░░░ Joe my advice on ░░░░░░░░ 2nd to our trading ░░░░░░░░ was not to panic ░░░░░░░░ t escalate and then ░░░░░░░░ will see where President ░░░░░░░░ is after a period ░░░░░░░░ days or weeks The ░░░░░░░░ was overwhelming so it ░░░░░░░░ after a period of ░░░░░░░░ and he decided that ░░░░░░░░ would be a good ░░░░░░░░ to begin negotiating The ░░░░░░░░ were very good actors ░░░░░░░░ had the president had ░░░░░░░░ very good call yesterday ░░░░░░░░ prime minister with the ░░░░░░░░ prime minister that led ░░░░░░░░ these negotiations And look ░░░░░░░░ Japanese are military partners ░░░░░░░░ re economic partners We ░░░░░░░░ a substantial imbalance with ░░░░░░░░ and I m sure ░░░░░░░░ they are as anxious ░░░░░░░░ we are to get ░░░░░░░░ remedied.”