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Japan Unveils $133 Billion Stimulus Amid Rising Tensions

11/13/2025

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Story summary
  • Japan's government plans a large stimulus package under Prime Minister Sanae Takaichi.
  • The draft includes subsidies for utilities and gasoline, plus aid for U.S. tariff-affected businesses.
  • Analysts say the package could exceed 20 trillion yen ($133 billion).
  • Takaichi urged coordination with the Bank of Japan to sustain inflation from wage growth.
  • Tensions with China rose after Taiwan remarks, prompting calls to expel a Chinese diplomat.