Trump wants to change the course of Japan — and it could be costly for everyone.



During tense trade negotiations between the U.S. and Japan, Donald Trump surprised by demanding that Japan strengthen its currency, the yen. This proposal, according to economists, could be dangerous for both Japan and the United States.

🔹 Currency manipulation? Trump accuses Japan of weakening the yen to gain a trade advantage. But Japanese Finance Minister Katsunobu Kato firmly denied these accusations, clarifying that they recently intervened to support their currency, not to devalue it.

🔹 Economic RisksExperts warn that forcing a stronger yen could:

Harm Japan's fragile recovery if interest rates rise.

Trigger instability in the U.S. bond markets if Japan starts selling dollars.

🔹 A new "Plaza Accord"? Citigroup points out that Japan could be one of the first targets if Trump pushes a global plan to weaken the dollar. Internally, they are already calling this potential move the "Mar-a-Lago Accord."

🔹 Objective: reduce the deficit The yen has already started to strengthen due to speculation. Trump wants to reduce the U.S. trade deficit and sees the yen as a direct way to achieve this.

📌 Conclusion: If Trump pushes too hard with the yen, it could unleash a new financial storm.

#Trump # Japan #EconomíaGlobal # Cryptocurrencies
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