Japan allocates 900 billion yen to combat U.S. Tariffs

Japan’s government plans to allocate 900 billion yen (6.3 billion USD) to mitigate the effects of U.S. Tariffs. This funding is intended to lower utility costs and provide support to small businesses, emphasizing the need for a stable export-driven economy.

Prime Minister Shigeru Ishiba highlighted the necessity of this relief package, which aims to reduce gasoline and diesel costs while expanding loans for affected industries, particularly the automotive sector.