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US Treasury Secretary to Discuss Weak Yen With Japan as Currency Pressure Builds

Tokyo, 7 May 2026 – US Treasury Secretary Scott Bessent is expected to visit Japan next week for high-level talks that will include the weak yen, placing currency stability back at the centre of economic discussions between Washington and Tokyo.

The visit is expected to run for three days and include meetings with Japanese Prime Minister Sanae Takaichi, Finance Minister Satsuki Katayama and Bank of Japan Governor Kazuo Ueda. The discussions are expected to focus on speculative selling of the yen, policy coordination and broader economic security matters, including rare earths and energy procurement.

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Author

  • Kenji Yamamoto is a Senior Fellow at The Ledger Asia, where he explores the critical nexus of Asian international relations, economic development, and environmental sustainability. With extensive experience in cross-border policy analysis, Kenji provides a unique perspective on how diplomatic alliances and green energy transitions drive long-term growth across the Asia-Pacific.

    Previously an advisor for regional development banks, he specializes in sustainable infrastructure and the circular economy’s role in modernizing emerging markets. At The Ledger Asia, Kenji’s deep-dive reports help readers navigate the complex balance between rapid industrialization and the global imperative for climate resilience and corporate responsibility.

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