The U.S. just made a rare move—buying Japanese yen for the first time in over 20 years—to support Japan’s struggling currency and signal strong economic solidarity. President Trump framed it as a “friendship signal,” aiming to stabilize the yen from its 40-year low, while Treasury Secretary Scott Bessent confirmed U.S.-Japan coordination to counter “disorderly yen movements.” With a concrete plan involving billions in purchases and hints of financial upside, this intervention underscores Washington’s willingness to act decisively for key allies amid global market turbulence.
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