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But we saved everything 🙂.
Scott Bessent, a prominent financier, recently met with Japan's Finance Minister Satsuki Katayama to discuss the US-Japan alliance and various fiscal and monetary policy topics.
Bessent expressed strong confidence in the enduring partnership between the two nations and recognized the minister's prior achievements in deregulation. This meeting underscores the strategic importance of cooperation between the United States and Japan in navigating global economic challenges.
Bessent’s optimism regarding fiscal cooperation aligns with his prior assessment that the US fiscal deficit will remain under 6% of GDP, a view detailed in his analysis on how private sector dynamics may influence the economic outlook. For further context, see his coverage of projected trends in the US deficit to GDP.