WASHINGTON DC –
U.S. President Donald Trump stated the United States intervened to purchase yen due to its sturdy relationship with Japan, describing the motion as an indication of friendship and pledging that Washington would at all times help the nation.
Explaining the choice on August 2, Trump stated, “Japan and we have a good relationship. We have very strong financial power. Japan was facing a weak yen and was asking for a little help.”
“We will always be there for Japan,” Trump stated, calling the nation “a very good friend of the United States” and stressing that the intervention demonstrated the friendship between the 2 nations.
Trump additionally stated the United States would achieve financial advantages from the intervention and expressed the view that the transfer would have a constructive impact on the worldwide financial system.
Source: FNN