President Donald Trump said on Sunday the United States had intervened to support the Japanese yen, describing the move as a “signal of friendship” that would benefit both the US and global economy.
The US will see “financial benefit” from the move and “it’s also good for the world economy,” Trump insisted, but “it was really more than anything else, it was a signal of friendship.”
“We’re very strong — very very strong financially. They are, you know, they have a weakening yen, and they wanted a little bit of help. And we’re always there for Japan. Japan’s been very good to us, with the exception, of course, of Pearl Harbor,” the president said.
2. How is this related to the sub
(1) Currency manipulation: The U.S. government is engaging in currency manipulation. This shows utter hypocrisy as Trump admin denounced Korea for “currency manipulation”.
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1. Summary
President Donald Trump said on Sunday the United States had intervened to support the Japanese yen, describing the move as a “signal of friendship” that would benefit both the US and global economy.
The US will see “financial benefit” from the move and “it’s also good for the world economy,” Trump insisted, but “it was really more than anything else, it was a signal of friendship.”
“We’re very strong — very very strong financially. They are, you know, they have a weakening yen, and they wanted a little bit of help. And we’re always there for Japan. Japan’s been very good to us, with the exception, of course, of Pearl Harbor,” the president said.
2. How is this related to the sub
(1) Currency manipulation: The U.S. government is engaging in currency manipulation. This shows utter hypocrisy as Trump admin denounced Korea for “currency manipulation”.