ArrowArtboardCreated with Sketch.Title ChevronTitle ChevronIcon FacebookIcon LinkedinIcon Mail ContactPath LayerIcon MailPositive ArrowIcon Print

Trump irked by strong dollar caused by his own policy

Currency arm twisting could figure in economic dialogue with Japan

The yen logged a five-month high against the dollar in Tokyo Thursday.

TOKYO -- President Donald Trump is moving to rein in the dollar's appreciation as investors hopeful of economic stimulus snap up the U.S. currency, even though his America-first policy is the main culprit for the greenback's ascent.  

Trump told the Wall Street Journal Wednesday that too strong a greenback would damage the competitive advantage of American exporters. "That's hurting -- that will hurt ultimately," he said. And when asked about monetary policy, "I do like a low-interest rate policy, I must be honest with you," the president said.

Sponsored Content

About Sponsored Content This content was commissioned by Nikkei's Global Business Bureau.

Discover the all new Nikkei Asia app

  • Take your reading anywhere with offline reading functions
  • Never miss a story with breaking news alerts
  • Customize your reading experience

Nikkei Asian Review, now known as Nikkei Asia, will be the voice of the Asian Century.

Celebrate our next chapter
Free access for everyone - Sep. 30

Find out more