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Home » Business » Trump Discusses Yen Intervention and Truth Social API Launch

Trump Discusses Yen Intervention and Truth Social API Launch

President Donald Trump and First Lady Melania Trump are greeted to Japan by the Yokota Air Base Honor Guard.jpg
By Digital News Editorial Team on August 2, 2026

Trump made remarks about Japan’s currency during a flight on Sunday, noting that the U.S. has always supported its ally. He emphasized the strong relationship between the two nations, mentioning how Japan had been a good partner with one notable exception.

The Truth Social platform launched a new business service on Saturday called Truth API. This tool gives companies faster access to posts from well-known users on the platform. Institutional clients were given early access to the service shortly after its launch. A short time later, Trump posted on Truth Social that he was nearing a deal to end his conflict with Iran.

The company’s interim CEO said the market reacts quickly to content posted on Truth Social. Details about how much the service costs have not been shared publicly by the company.

Experts and analysts weighed in on what this new offering means for investors and policy makers. One expert said Trump’s team will want customers to be satisfied with the new service. Another analyst pointed out that such actions may reduce the value of Trump’s political achievements.

A financial commentator said insider trading profits come from people’s retirement accounts. He added that Trump is sharing government-related information in exchange for money, which may be illegal. Another expert said this behavior breaks the trust expected from a public official.

A tech entrepreneur suggested that everyone needs someone who speaks honestly, especially successful people. Someone else noted that those who buy the data and have systems in place can act faster than others.

A financial professional said that a service like this could be useful for those who understand how to use it. The president holds a majority stake in the media company that runs Truth Social.

One analyst said there are no reliable examples of people profiting from such information. He added that the tweets often don’t matter much to markets and are mostly noise. Even when a few strong posts are caught, the rest of the content usually leads to losses. He said Trump makes too many posts and that most of them do not affect the market.

Overall, he said, the service is mostly giving users information that isn’t helpful.

A former reporter covering Trump’s campaign shared insights on how the president interacts with media. He has been reporting on politics since 2023 and previously covered Trump’s campaign efforts. Before that, he worked in Tokyo covering Japanese business and politics for many years. He later moved to Chicago and then New York, where he covered white-collar crime.

Japan’s former prime minister and current vice president of the ruling party spoke at a forum in Taiwan. He had been a close associate of former Prime Minister Abe, who built strong ties with Trump during his presidency.

Japan has been trying to build connections with people close to Trump ahead of November. A former president once said that Japan and China should not act in ways that hurt U.S. industries. He warned that such actions may seem appealing to some but are harmful for manufacturers and others.

He said this is what helped Japan and China grow into large economies over time.

IMAGE: (U.S. Air Force photo by Senior Airman Donald Hudson) / Wikimedia Commons (Public domain)

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