Bloomberg report, citing unnamed 'people familiar'

  • Trump has privately considered ending pact with Japan
  • Regards accord with Japan as unfair

Yen has been on the rise in the morning in Tokyo today, down towards 107 as I post:

Trump has been niggling away at Japan on trade and currency matters. So far the differences have been papered over. This is a new front.

Trump will meet with Japan's PM Abe Shinzo at the G20. This could be part of the softening up process for asking for more from Japan.