US moves toward tariffs up to 12.5% on 60 economies over forced labor
What's next: Public comments run through July 6, with hearings on July 7 as China and the EU push back on the plan.
The New York Times, Bloomberg +3
Subject
#Japan
Asian authorities move to defend currencies as dollar pressure mounts
Why it matters: The won and rupiah led regional losses as officials in South Korea, Indonesia, Japan, India and the Philippines stepped up defenses.
Bloomberg, The Business Times (Singapore)
Japan rejects China’s ‘neo-militarism’ charge at Singapore forum
Japan’s defense minister said Tokyo remains open to dialogue with Beijing while rejecting China’s claim that Japan is reviving militarism.
BBC News (World), CNBC +1