Ford CEO cites yen worry, opposes free trade talks with Japan

Newswire

By Paul Carsten BANGKOK, March 26 (Reuters) - The chief executive of Ford Motor Co complained on Tuesday about Japan's devaluation of the yen and reiterated his opposition to Tokyo entering into free trade talks with the United States under an Asia-Pacific agreement. The yen has fallen around 8 percent against the dollar this year, driven down by Tokyo's fiscal and monetary policies. "The markets should determine the exchange rate," Ford CEO Alan ...

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