Traiffs
Against the yen, the dollar rose to its highest since July 20 at 112.42 yen after the Bank of Japan left interest rates unchanged.
Abe said the G7 should work to promote free trade.
China warned that any tariffs and other trade measures implemented by Washington would derail any agreements between the two sides.
Earlier this month GM agreed on the bailout package with the South Korean government in return for a pledge to stay in the country for at least 10 years.
Trump was expected to sign a presidential proclamation to establish the tariffs during a ceremony on Thursday.
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