Kenneth Weinstein appears on Bloomberg to discuss United States Treasury Secretary Scott Bessent’s visit to Japan. During the trip, the secretary echoed his Japanese counterpart, Satsuki Katayama, by characterizing excess foreign-exchange volatility as undesirable. This is another indication of tacit US approval of Japan’s recent market intervention.
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A truck drives through the Alataw Pass Comprehensive Bonded Zone in northwest China’s Xinjiang Uygur Autonomous Region. Located in the Mongolian Autonomous Prefecture of Bortala in Xinjiang, the Alataw Pass borders Kazakhstan. (Getty Images)