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View all search resultsThe US president's abrupt decision to cut back military drills with South Korea last week, which he described as hostile to Pyongyang, has reinforced fears that Trump's unpredictability could strain alliances that have long maintained peace in the region, government officials and security experts said.
The puzzle of why the Trump administration is so concerned with a falling yen has historical parallels not to the 1930s or the 1980s, but to the 1960s, when US officials feared that a crisis elsewhere could spread to America. With US bond yields spiking, Treasury Secretary Scott Bessent is getting desperate.
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