Trump’s Surreal Call to Ishiba Not About Tariffs, but Jets, Self-Praise: Report
8 Articles
8 Articles
Trump’s surreal call to Ishiba not about tariffs, but jets, self-praise: report
When Japanese Prime Minister Shigeru Ishiba took a surprise 45-minute call from US President Donald Trump last week, Tokyo braced for tough talk on tariffs. Instead, officials were reportedly met with a meandering monologue that some say reflected Trump’s need for affirmation more than any real interest in Japan – or Ishiba. According to insider sources cited in a report published by the Asahi newspaper on Tuesday, Trump spoke at length about hi…
Japan Govt to Spend ¥900 Bil. in Response to U.S. Tariffs; Amount to Fund Subsidies for Electricity, Gas Bills for July to Sept.
The government decided at a Cabinet meeting on Tuesday to spend ¥388.1 billion from the fiscal 2025 budget reserve fund to respond to tariffs by the administration of U.S. President Donald Trump. The amount will be used to fund such subsidies as those for electricity and gas bills for July to September, the first fiscal stimulus in response to U.S. tariffs. The total amount of fiscal spending to combat U.S. tariffs, including the existing budget…
Japan to spend ¥900 bil in 1st stimulus combating Trump tariffs
Japan's government plans to spend 900 billion yen on emergency economic measures to counter the negative impacts of higher U.S. tariffs, marking the nation's first fiscal response to President Donald Trump's trade duties, sources close to the matter said Monday. The overall scale of the relief package is estimated to…
Why Japan sees Trump’s tariffs as a ‘national crisis’
Since President Trump’s “Liberation Day” tariffs targeted both America’s allies and adversaries, there has been concern in Japan, one of the United States’ strongest allies in Asia, which views the U.S. as its most significant export market, accounting for approximately 20% of all Japanese exports. Although many of these tariffs are currently on hold, they pose a significant risk to ...
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