1. The Wall Street Journal says that Japan-US trade talks have been stalled for more than a month due to disagreements over auto tariffs. The newspaper on Wednesday said top US officials told Japanese negotiators in late May time was running out to reach agreement.
2. US President Donald Trump has ramped up the pressure on Federal Reserve Chair Jerome Powell, calling on him to quit immediately. Trump posted on social media on Wednesday that “ ‘Too Late’ should resign immediately!” He also shared an article about a federal regulator who said Powell should be investigated over his Senate testimony.
3. A magnitude-5.5 earthquake has struck Kagoshima Prefecture in southwestern
Japan. The quake measured lower 6 on Japan’s seismic intensity scale of 0 to 7. The region has been hit by more than 1,000 tremors in almost two weeks.