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Trump reveals why US is supporting Japan's yen, says 'They're good, except Pearl Harbour'
short by Ashley Paul / on Monday, 3 August, 2026
US President Donald Trump on Monday confirmed that the US Treasury is buying the Japanese yen to prop up its value after it hit a 40-year low. Asked why US is helping another country's currency, Trump said, "We've a good relationship with Japan. We're very strong financially." "Japan's been very good to us, with the exception...of Pearl Harbour," he added.
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