Trump: Japan cannot let the yen depreciate anymore, it is unfair to the United States

BlockBeats News: On March 4th, US President Trump said on Monday local time that he told Japanese leaders not to continue devaluing their currency because it would be unfair to the United States. Trump said, "We can't do this because it's unfair to us. It's difficult for us to produce tractors here when Japan and other places are lowering their currency exchange rates When asked about Trump's remarks, Japanese Finance Minister Katsuyuki Kato stated that Tokyo has not adopted policies directly aimed at weakening the yen. Katsuyuki Kato stated at a press conference in Tokyo on Tuesday that Japan has confirmed its "basic stance on exchange rate policy" with the G7 and the United States, including in its bilateral meeting with US Treasury Secretary Vicente. (Golden Ten)