The business team. U. S. President donald trump claims that japan weakened their currencies to take advantage of the u. S. And boost exports at the top of trumps agenda as the task of cutting the u. S. Trade deficit he puts some of the blame on what he views as unfair practices by americas trading partners and he is vowing to do something about it. Every other country lives on devaluati devaluation. You look at what china is doing and japan done over the years they play the money market and devaluation market and we stand there like a bunch of dummies. The president has already attacked china repeatedly on the issue as many economists believe beijing intervened in the market in the past to keep their money low. Japans Prime Minister abe has dismissed trumps claim. Translator japans Monetary Policy is designed to aa 2 inflation taverting and its trusted to the bank of japan. The criticism that japan is guiding the yen lower is unfounded. Reporter abe said he will explain this, if necess
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