EconomyWhy the Trump administration is helping support Japan’s weakening yen
Washington and Tokyo are pursuing a rare coordinated intervention to support Japan’s weakening yen. The effort is intended to prevent instability in the currency from spilling over into the global financial system. The move places the Trump administration among those backing a joint response to mounting exchange-rate pressure. It highlights an unusually coordinated approach between the United States and Japan.
Why the Trump administration is helping support Japan’s weakening yen
Economy