June 1, 2018 / 3:22 AM / 20 days ago

Japan calls on U.S. for joint action on China investment practices

WHISTLER, British Columbia (Reuters) - Japan called on the United States to join forces in stopping China from taking market-distorting investment practices in a bilateral finance leaders’ meeting, a senior Japanese finance ministry official said on Thursday.

U.S. Treasury Secretary Steve Mnuchin (L) talks to Japan's Deputy Prime Minister and Finance Minister Taro Aso during an IMFC family photo at the IMF/World Bank spring meeting in Washington, U.S., April 21, 2018. REUTERS/Yuri Gripas/Files

During the meeting with his U.S. counterpart Steven Mnuchin, Finance Minister Taro Aso also repeated Tokyo’s request for Washington to give Japanese steel and aluminum goods a permanent exemption from U.S. import tariffs, the official said.

Aso and Mnuchin met on the sidelines of a weekend meeting of Group of Seven finance leaders, held in the Canadian mountain resort.

Reporting by Leika Kihara; Editing by Chris Gallagher

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