Mint Quick Edit | Plaza Accord déjà vu: is Japan’s economic policy autonomy being cramped?
In 1988, Trump bought the hotel in New York where the 1985 pact was signed, hailing it as a “work of art.” It went bust and he sold it in 1995. By then, Japan was probably ruing the deal, given how badly it worked out for its economy. While Tokyo may value US protection highly, it also needs economic-policy autonomy.
