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Japan Mulls Supplementary Budget to Mitigate Tariffs and Inflation
2025-04-07 /
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Author：小编
The ruling coalition is planning to develop a supplementary budget to address the impact of U.S. tariffs and long-term inflation. Prime Minister Shigeru Ishiba may direct officials to formulate this budget this month, aiming to secure its passage during the ongoing parliamentary session. To counteract the effects of U.S. auto tariffs, the government is contemplating measures to boost domestic demand and potentially increase financial support for companies that refrain from layoffs. Concurrently, the government is also weighing the restoration of subsidies for electricity and natural gas to alleviate the burden of price hikes and may augment reserve funds accordingly.
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