A trade war has broken out. The US has imposed tariffs on China, Canada, and Mexico. In response, the three countries have taken retaliatory measures. Japan is not currently a target, but who knows when that will happen. President Trump has been vocal in his criticism of the weak yen, and has threatened to raise tariffs on Japan. It would be great if Japan could correct the weak yen with its own power, but it is probably impossible to intentionally manipulate the exchange rate. However, from the perspective of an ordinary person like me, I would much prefer a strong yen, which causes prices to fall, than a weak yen, which causes prices to rise. (Kei)

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