U.S. President Donald Trump has accused Japan and China of reducing the value of their currencies, calling it unfair to the United States. Trump suggests that tariffs could counteract this disadvantage. Japan denies taking direct actions to weaken the yen, emphasizing its adherence to agreements on currency policy with G7 and G20 countries.
US consumer sentiment near record low ahead of midterm elections
In October, consumer sentiment in the U.S. plummeted to a concerning 48.0, driven by rising prices and economic worries amid the ongoing Middle East conflict.