Kyodo News: Japan will spend 900 billion yen to cope with US tariffs

avatar
MarsBit
05-26
This article is machine translated
Show original
According to Kyodo News on May 26, the Japanese government plans to use 900 billion yen (approximately $6.3 billion) in national funds to implement an emergency relief plan to mitigate the impact of U.S. tariffs. Kyodo News reported that to fund a comprehensive package including reducing utility costs and providing financial assistance to small businesses, the government plans to use budget reserves (to be decided as early as Tuesday) and existing budgets.

Source
Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
Like
Add to Favorites
Comments