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Prime Minister Sanae Takaichi Announces Plan to Cut Food Consumption Tax Without Issuing New Bonds

The Japan Times - News On Japan, Business News, Opinion, Sports, ...
The Japan Times – News On Japan, Business News, Opinion, Sports, …

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Key developments:

  • In a Monday Diet speech, Prime Minister Sanae Takaichi announced a reduction of the consumption tax on food products, pledging to fund the cut without
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Japan Approves Plan to Slash Food Consumption Tax to 1% for Two Years

The Japan Times - News On Japan, Business News, Opinion, Sports, ...
The Japan Times – News On Japan, Business News, Opinion, Sports, …

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Prime Minister Sanae Takaichi announced a major tax break on food, committing to cut the consumption tax from 8% to 1% for a two‑year period starting in …

North Korea launches multiple ballistic missiles into the Sea of Japan

Japan’s defense ministry detected two separate missile launches from North Korea that landed in waters beyond Japan’s exclusive economic zone, prompting heightened alertness and coordination with allied forces. The incidents underscore the persistent threat posed by North Korea’s expanding missile …