Former President Trump: The weaker yen and stronger dollar for the first time in 34 years is a ``disaster for America’’
アメリカのトランプ前大統領は円安・ドル高が進む現在の為替水準について、国内の製造業にとって「大惨事だ」と指摘しました
Former President Trump of the United States pointed out that the current exchange rate level, where the yen is weakening and the dollar is strengthening, is a ”catastrophe” for the domestic manufacturing industry.
Currently, in the foreign exchange market, the yen exchange rate is in the high 154 yen range to the dollar, the weakest yen and strongest dollar in 34 years.
On the 23rd, Trump posted on his social media, ``The dollar has hit a 34-year high against the yen.
”It’s a disaster for America,” he wrote, adding that as American manufacturing becomes uncompetitive due to the strong dollar, ”we will have to choose between losing our jobs and building factories in ’smart’ countries.” ”It will disappear,” he said.
He also claimed that during his time as president, he had placed strict restrictions on countries such as Japan and China in order to prevent the dollar from appreciating, and criticized the Biden administration for allowing the dollar to appreciate.
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