Trump Urges Japan and China to Cease Currency Devaluation

Reported about 7 hours ago

U.S. President Donald Trump stated that he warned leaders of Japan and China to stop devaluing their currencies, claiming it is unfair to the U.S. economy. He argued that these actions create challenges for American manufacturers and suggested that tariffs could be a solution. Japan's officials responded by affirming their commitment to currency policies aligned with the G7, emphasizing that their interventions are only intended to counter excessive speculative movements in the yen.

Source: YAHOO

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