# Trump says Japan, China cannot keep reducing value of their currencies | Reuters

> President Trump said he told Japan and China they cannot keep weakening their currencies, calling it unfair to the United States. The remarks came as new 25% tariffs on Mexico and Canada took effect and China's duties doubled to 20%.

- Date: 2025-03-03 · published 2025-03-03T12:00:00.000Z
- Category: trade · region US · magnitude medium
- Page: https://feedsoft.ai/events/25820-trump-says-japan-china-cannot-keep-reducing-value-of-their-currencies-reuters
- Commodities: [Japanese Yen (JPY per USD)](https://feedsoft.ai/c/USDJPY.md), [Chinese Yuan (CNY per USD)](https://feedsoft.ai/c/USDCNY.md), [Corn](https://feedsoft.ai/c/CORN.md), [Soybeans](https://feedsoft.ai/c/SOY.md)

## Why it matters

Currency pressure tied to tariff escalation raises trade-war risk for US farm exports to China and Japan, and tariff retaliation weighs on feed grain and meal demand.

## Read by commodity

- SOY: bearish ▼
- CORN: bearish ▼
- USDCNY: bearish ▼
- USDJPY: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| USDCNY | 2025-05-06 | ['Asian crisis in reverse' as currencies soar on the dollar](https://feedsoft.ai/events/9618-asian-crisis-in-reverse-as-currencies-soar-on-the-dollar.md) | -0.9% | -1.1% |
| USDCNY | 2025-10-30 | [China's yuan retreats from one-year high after Trump-Xi meeting — TradingView News](https://feedsoft.ai/events/22622-china-s-yuan-retreats-from-one-year-high-after-trump-xi-meeting-tradingview-news.md) | +0.4% | -0.3% |
| USDCNY | 2019-09-01 | [Yuan fall: Why is China's currency getting weaker?](https://feedsoft.ai/events/57797-yuan-fall-why-is-china-s-currency-getting-weaker.md) | -0.5% | -0.1% |
| USDCNY | 2018-11-01 | [Renminbi rises by most in two months after Trump tweet on China - FT中文网](https://feedsoft.ai/events/62268-renminbi-rises-by-most-in-two-months-after-trump-tweet-on-china-ft.md) | -0.8% | -0.3% |
| USDCNY | 2018-08-01 | [EM ASIA FX-Most Asian currencies tread water as Fed eyed amid trade war fears](https://feedsoft.ai/events/63792-em-asia-fx-most-asian-currencies-tread-water-as-fed-eyed-amid-trade-war-fears.md) | +0.4% | -0.0% |
| CORN | 2018-08-20 | [Trump accuses China of 'manipulating' its currency](https://feedsoft.ai/events/10040-trump-accuses-china-of-manipulating-its-currency.md) | -2.8% | -4.9% |
| CORN | 2019-05-06 | [China stocks, yuan tumble on Trump's fresh tariff threats \| Reuters](https://feedsoft.ai/events/59287-china-stocks-yuan-tumble-on-trump-s-fresh-tariff-threats-reuters.md) | -3.2% | +10.5% |
| CORN | 2022-07-25 | [U.S. disapproval of China's grain stockpiling full of irony -Braun \| Reuters](https://feedsoft.ai/events/14915-u-s-disapproval-of-china-s-grain-stockpiling-full-of-irony-braun-reuters.md) | -0.8% | +3.7% |

## Sources

- reuters.com: https://www.reuters.com/markets/currencies/trump-says-japan-china-cannot-keep-reducing-value-their-currencies-2025-03-03/

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.