Japanese Prime Minister Shigeru Ishiba has unveiled an emergency economic package to help industries and households affected by new U.S. tariffs on Japanese goods. The measures include corporate financing, subsidies reducing petrol prices by 10 yen per litre, and partial coverage of electricity bills for three months. A wider range of small and mid-sized companies will qualify for low-interest loans to strengthen their resilience. Ishiba emphasized the need for proactive measures to protect sectors critical to Japan's economy, like automobile and steel, as he prepares for further trade negotiations with the U.S.
Japanese Prime Minister Shigeru Ishiba announced a comprehensive support package to mitigate the impact of U.S. tariffs on Japanese industries and households.
The economic measures include subsidies to lower petrol prices and assistance for small and mid-sized companies through low-interest loans, aimed at revitalizing affected sectors.
Collection
[
|
...
]