Japan’s government on Friday unveiled a package of emergency economic measures to counter the adverse effects of U.S. President Donald Trump’s higher tariffs, ahead of a second round of bilateral trade negotiations expected next week.
The relief package consists of five pillars, including support for corporate financing and steps to stimulate consumption, in a bid to alleviate concern that the U.S. levies could weigh on Japan’s exports, potentially taking a heavy toll on the broader economy.
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