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JP To Launch Emergency Econ Package to Ease Impact from US Tariffs
2025-04-25 11:33:57 The Japanese government has decided to launch an emergency economic package to ease the impact of the US sweeping tariffs on industries and households, Japanese Prime Minister Shigeru Ishiba said. The package includes enhanced support for corporate financing, a JPY10 per liter subsidy on gasoline prices and a partial subsidy on electricity bills for 3 months starting in July. The package will be financed by a reserve fund and a fund already earmarked for gasoline subsidies, having a limited impact on the state budget for the current fiscal year, according to Japanese media. ~ AAStocks Financial News Web Site: www.aastocks.com | |