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2026-01-17 15:17:52
[Japanese Media: Prime Minister Sanae Takaichi Considers Suspending Food Consumption Tax to Boost Election] Japanese Prime Minister Sanae Takaichi is expected to consider suspending the food consumption tax after dissolving the House of Representatives next week. According to sources, the government and the ruling Liberal Democratic Party will make a final decision after assessing the potential impact on the financial markets. If implemented, this policy is expected to reduce the Japanese government's annual revenue by approximately 5 trillion yen (about US$31.6 billion).
