Abe adviser: Japan should push back any US attack on yen policy

Different from China: Employees of a foreign exchange trading company work near monitors showing Trump and the yen’s exchange rate against the US dollar in Tokyo recently. – Reuters

JAPAN should push back against any US suggestion that it is suppressing the yen’s value for trade advantage, an adviser to Prime Minister Shinzo Abe said, in a bid to pre-empt criticism of Japan’s currency policy.

Koichi Hamada, Cabinet adviser and emeritus professor of economics at Yale University, told Reuters in an interview that Tokyo should stress that Japan has a different currency policy from China.