Former President Donald Trump stated the United States recently intervened to bolster the Japanese yen, characterizing the action as a gesture of goodwill between the two nations. According to Trump, this support is anticipated to positively influence both the U.S. and the broader global economy. The Financial Times reported this marks the first instance of coordinated U.S.-Japan intervention in the currency market in almost three decades. Details surrounding the intervention remain limited, but it signals a shift in approach to currency policy. The move aims to stabilize the yen, which has faced significant depreciation. This intervention highlights a renewed focus on international cooperation regarding economic matters under the former administration.