Japan Ruling Camp Mulling Handout to Tackle Tariff Impact
Tokyo, April 9 (Jiji Press)--Japan's ruling bloc is considering providing a cash handout of at least 30,000 yen per person to all people in an effort to mitigate the impact of U.S. President Donald Trump's sweeping tariffs, people familiar with the matter said Wednesday.
Measures being considered by the ruling coalition also include cutting consumption tax on food and other necessities.
Opposition parties are also calling for measures to cushion the blow from the tariffs ahead of an election for the House of Councillors, the upper chamber of Japan's parliament, this summer.
Itsunori Onodera, policy chief of the ruling Liberal Democratic Party, told reporters in Ota, Gunma Prefecture, eastern Japan, that the party has been asked by Chief Cabinet Secretary Yoshimasa Hayashi to come up with ideas at an early date.
"We need to analyze the impact of economic concerns on the domestic economy," Onodera said, adding that the government and the ruling camp will consider economic measures.
(2025/04/09-19:15)
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