Nakasone Hopes Trip Will Ease U.S. Resentment
Prime Minister Yasuhiro Nakasone said today that he hopes his visit to Washington this week will soften U.S. resentment of Japan and curb growing protectionist sentiments in Congress.
“We are making all-out efforts, right up until the last minute . . . so we can come up with specific measures that can bring about specific results,” Nakasone told foreign journalists at his official residence.
He said he will outline to President Reagan emergency programs that Japan is drafting to cut its record trade surplus with the United States, which reached $58.6 billion last year.
He said such measures as allowing the yen to rise in value have already reduced the volume of Japanese exports to the United States and raised the volume of U.S. imports.
The dollar closed today in Tokyo at a record low of 138.10 yen.
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