U.S. election season is wrong time for yuan, yen to slide

As American politicians look for economic scapegoats, Kishida should seek cover

Avatar
20230926 kishida

Japanese Prime Minister Fumio Kishida has done a solid job forging closer ties with Washington but all bets are off as both U.S. parties scramble to look tougher on trade with Asia. © Reuters

William Pesek is an award-winning Tokyo-based journalist and author of "Japanization: What the World Can Learn from Japan's Lost Decades."

One of the truly remarkable things about the yen's 13.5% drop so far this year is how little blowback it has caused in Washington.

Sponsored Content

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