US Intervention Raises Tensions Over Japan's Currency
The recent intervention by the US government to curb the fall of the yen has sparked tensions between the two countries. President Donald Trump declared that his government would 'always be there for Japan', but the White House believes Prime Minister Sanae Takaichi is not doing enough to stop the decline of her currency.
The concern from Washington is that a weakening of the yen could make the cost of US debt even more expensive. This has led to a rift in the usually close relationship between the two countries, with Trump expressing his disappointment at Japan's lack of action to stabilize its currency.