Japan doubles down on stimulus to counter effects of Trump tariffs

Japan introduces urgent economic measures to ease pain from US tariffs

Package includes support for corporate financing, and subsidies for petrol prices and electricity bills.

The Japanese government announced this Friday a package of emergency economic measures aimed at stabilizing its domestic economy and protecting the most exposed industries, this in an attempt to cushion the impact of US tariffs imposed on its key exports. READ ALSO:New tariffs rates decreed by Trump enter into force According to reports from the Japanese agency Kyodo, the package contemplates five strategic pillars, among which are the stimulus …

The Japanese Government presented a package of emergency economic measures to combat the adverse effects of the tariffs imposed by the United States.

Japan doubles down on stimulus to counter effects of Trump tariffs

The government will implement measures that build on ones announced earlier with the aim of boosting domestic spending and shoring up corporate balance sheets.

Japan Accelerates Financial Assistance for Businesses; Working to Handle Growing Concerns Over Tariffs

The government decided on an emergency response package aimed primarily at supporting small and medium-sized enterprises affected by tariff measures imposed by the administration of U.S. President Donald Trump. This was concluded at the third meeting of the Comprehensive Response Headquarters for U.S. Tariff Measures held at the Prime Minister’s Office on Friday.

Trump tariffs hit Japanese food, beverage industries hard just as exports begin to expand

High tariff measures by U.S. President Donald Trump's administration have sent shockwaves through industries related to