☆ Yσɠƚԋσʂ ☆@lemmy.ml to Economics@lemmy.mlEnglish · 29 days agoThe last time an Asian country made a deal with Americalemmy.mlexternal-linkmessage-square4fedilinkarrow-up122arrow-down11
arrow-up121arrow-down1external-linkThe last time an Asian country made a deal with Americalemmy.ml☆ Yσɠƚԋσʂ ☆@lemmy.ml to Economics@lemmy.mlEnglish · 29 days agomessage-square4fedilink
minus-squarehumanspiral@lemmy.calinkfedilinkarrow-up1·28 days agoIt wasn’t a trade deal. It was a USD currency devaluation deal. This did affect Japan by reducing the affordability of their exports to US. https://en.wikipedia.org/wiki/Plaza_Accord#/media/File:US_Dollar_Index_DXY.webp
It wasn’t a trade deal. It was a USD currency devaluation deal. This did affect Japan by reducing the affordability of their exports to US. https://en.wikipedia.org/wiki/Plaza_Accord#/media/File:US_Dollar_Index_DXY.webp