Japan to spend $6.3B to protect its businesses from Trump tariffs
- On May 27, 2025, Japanese Prime Minister Shigeru Ishiba announced a $6.3 billion economic stimulus to counter U.S. Tariffs at a Tokyo meeting.
- The measures respond to hefty U.S. Tariffs, including a 25 percent auto levy imposed by Donald Trump that pressure Japan's mainstay car industry.
- The government will allocate 388.1 billion yen from reserve funds to subsidize utility bills and support businesses amid inflation and rising energy costs.
- Prime Minister Ishiba assured that the government is fully committed to supporting companies, particularly small and medium-sized ones, as some face profit declines this fiscal year.
- These relief measures aim to mitigate the economic impact of U.S. Tariffs and may influence consumption, corporate financing, and Japan-U.S. Economic relations.
7 Articles
7 Articles
Japan Allots $2.7 Billion From Reserves to Ease US Tariff Hit
Japan’s government approved a plan to draw ¥388 billion ($2.7 billion) from reserve funds to support businesses and households impacted by US tariffs, in an emergency measure aimed at easing the domestic repercussions of President Donald Trump’s sweeping trade campaign.
Japan to spend $6.3B to protect its businesses from Trump tariffs
Japan is expected to spend $6.3 billion in an effort to thwart the economic impact of President Trump’s tariffs. Chief Cabinet Secretary Yoshimasa Hayashi on Tuesday lauded the country’s approved spending package set to aid regional businesses in sustaining operations amid slated price jumps. Additional funds will be allocated for utility bill subsidies and upscaled…
Japan OKs reserve fund use to curb energy bills amid inflation
The Japanese government decided Tuesday to allocate 388.1 billion yen ($2.7 billion) from reserve funds for the current fiscal year to subsidize the energy bills of households and businesses during the summer amid inflation. The subsidies are part of relief measures unveiled last month to counter the adverse economic impact of hefty U.S. tariffs imposed by President Donald Trump, including an additional 25 percent levy on autos that is weighing …
Japan allots US$2.7b from reserves to ease US tariff hit
Japan’s government approved a plan to draw ¥388 billion (RM11.43 billion) from reserve funds to support businesses and households impacted by US tariffs, in an emergency measure aimed at easing the domestic repercussions of President Donald Trump’s sweeping trade campaign.
Japan allots 388 billion yen from reserves to ease US tariff hit
Japan’s government approved a plan to draw 388 billion yen (S$3.5 billion) from reserve funds to support businesses and households impacted by US tariffs, in an emergency measure aimed at easing the domestic repercussions of President Donald Trump’s sweeping trade campaign.
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