Source link : https://news7.asia/business/japan-explores-new-budget-strategies-to-offset-impact-of-u-s-tariffs/

Japan is considering allocating additional funds to its national budget in an effort to counteract the economic impact of recent U.S. tariffs, sources close to the matter revealed on Monday. As trade tensions between the world’s two largest economies continue to escalate, Tokyo aims to bolster support for affected industries and stabilize its domestic market. This move underscores Japan’s proactive approach in navigating the complex dynamics of international trade amid growing protectionist measures from Washington.

Japan Considers Additional Budget Measures to Mitigate US Tariff Effects

Japan’s government is actively exploring the possibility of allocating additional funds to stabilize key industries impacted by the recent U.S. tariff escalations. Officials indicated that this move aims to support exporters and manufacturers, particularly in the automotive and electronics sectors, which face heightened costs and supply chain disruptions. The proposed budget adjustments would include targeted subsidies, increased research and development incentives, and expanded support for small-to-medium enterprises struggling to absorb tariff-related expenses.

Among the areas under consideration for increased funding are:

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Author : Caleb Wilson

Publish date : 2025-08-06 06:01:00

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