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What "Abenomics" Means For the U.S.
Japanese Prime Minister Shinzo Abe makes his first official visit to the White House - adamant on preserving good relations with the U.S. He made this comments at a separate event in Washington. "Soon Japan will export more but import more as well. The U.S. will be the first to benefit from that." Abe has to convince President Obama to buy in to his goal of sparking investment in the stagnant Japanese economy by weakening the yen. This policy has been dubbed "Abenomics."
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