US, Japan Unite to Support Weakened Yen

US President Donald Trump announced that the United States has re-entered Japan's currency market for the first time in over a decade, joining Tokyo in a coordinated effort to support the Japanese yen after it plummeted to its weakest level against the US dollar in 40 years.

The move, which marks the first joint US-Japan currency intervention since 2011, was made at Japan's request as the yen continued to weaken. Trump described the intervention as 'a signal of friendship,' saying that Washington was always there for Tokyo.

'They have a weakening yen, and they wanted a little bit of help,' Trump said in remarks aboard Air Force One on Sunday. He also pointed to previous US economic interventions, including financial assistance for Argentina and actions involving Venezuela, as examples of Washington helping to stabilize international markets.