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July 04, 2025
 

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TAXES

The U.S. Capitol in Washington. U.S. President Donald Trump’s tax bill largely benefits business investors and wealthy Americans.
WORLD / Politics / EXPLAINER
Jul 4, 2025
Who won and lost in Trump’s tax bill
Those hit the hardest by the sweeping package include elite universities and immigrants.
Opposition parties are proposing a consumption tax cut as inflation, especially food inflation, remains high.
BUSINESS / Economy / FOCUS
Jul 2, 2025
Consumption tax cut enters political conversation ahead of Upper House election
The Liberal Democratic Party opposes a reduction in the tax, but opposition parties are in favor of a cut.
Prime Minister Shigeru Ishiba speaks during a news conference at the Prime Minister's Office in June.
BUSINESS / Economy
Jul 2, 2025
Japan’s record tax haul leaves questions over Ishiba’s handout pledge
Ishiba’s plan to distribute cash handouts of ¥20,000 per adult is expected to cost around ¥3.5 trillion, according to his Liberal Democratic Party.
Canadian Prime Minister Mark Carney speaks at a news conference during a NATO summit in The Hague last Wednesday.
BUSINESS / Economy
Jun 30, 2025
Canada rescinds digital services tax to advance stalled U.S. trade talks
Canadian Prime Minister Mark Carney and U.S. President Donald Trump will resume trade negotiations in order to agree on a deal by July 21, Ottawa said.
Prime Minister Shigeru Ishiba speaks during a news conference in Tokyo on Monday. Inflation in Tokyo slowed in June for the first time in four months as a result of government steps to reduce utility and gasoline prices.
JAPAN / Politics
Jun 29, 2025
Measures to ease inflation must be speedy, says Prime Minister Ishiba
Ishiba has opposed lowering the sales tax ahead of an Upper House election where voters will vote on the performance of his minority government.
The U.S. Capitol in Washington on Saturday.
WORLD / Politics
Jun 29, 2025
Trump's sweeping tax-cut and spending bill clears first U.S. Senate hurdle
The Senate voted Saturday to begin debate on the legislation just hours after party leaders unveiled the latest version of the massive tax and spending package.
U.S. President Donald Trump and Canadian Prime Minister Mark Carney take part in an arrival ceremony during the Group of Seven leaders' summit in Kananaskis, Alberta, on June 16.
BUSINESS / Economy / FOCUS
Jun 29, 2025
Trump turns on ‘nice’ Mark Carney with Canadian tech tax ultimatum
The tax became law while Justin Trudeau was still in power and had prompted warnings of U.S. retaliation but Carney went ahead anyway.
Constitutional Democratic Party of Japan leader Yoshihiko Noda speaks during an interview at the party's headquarters in Tokyo on Wednesday.
JAPAN / Politics
Jun 27, 2025
Ahead of election, CDP chief vows 'responsible' tax cut
"Measures to cope with rising prices will be the biggest focus (of the July 20 House of Councilors election)," Yoshihiko Noda said.
Lawmakers from the Constitutional Democratic Party of Japan, Nippon Ishin no Kai and the Democratic Party for the People submit a motion to dismiss the chairman of the House of Representatives' Financial Affairs Committee, on Tuesday at parliament.
JAPAN / Politics
Jun 17, 2025
Opposition parties submit motion to dismiss Lower House panel chief
The motion to dismiss comes amid the panel chairman's refusal to hold deliberations on a bill to abolish the provisional gasoline tax rate.
A broker in the city of Osaka displays a sign for religious corporation deals.
JAPAN / Regional voices: Chubu
Jun 9, 2025
Religious corporation sales rising in Japan amid tax evasion concerns
There are increasing concerns that buyers may exploit the tax privileges granted to religious corporations.
A tax-free shop in Kyoto in April 2024. Last week, members of a Liberal Democratic Party study group drafted a proposal seeking to scrap the country's tax-free shopping system altogether.
JAPAN / Politics / FOCUS
Jun 5, 2025
Japan eyes tougher rules for foreign residents and tax hike for tourists
Ideas range from stricter driver's license tests for foreign nationals to increasing taxes on foreign visitors.
The draft also expresses strong concern about China's attempts to unilaterally change the status quo by force in the East China Sea and the South China Sea.
JAPAN / Politics
Jun 5, 2025
Japan to name China as its biggest strategic challenge
It is unusual for the annual economic and fiscal policy guidelines to criticize China for its coercive behavior toward neighboring countries.
U.S. President Donald Trump and Elon Musk attend a news conference in the Oval Office of the White House in Washington on May 30.
WORLD / Politics
Jun 5, 2025
Will ex-aide Musk leave a stink in the White House?
U.S. President Donald Trump's sweeping domestic policy bill has careened into an Elon Musk-shaped brick wall, complicating its passage into law.
Komeito leader Tetsuo Saito speaks to reporters in Tokyo on Monday.
JAPAN / Politics
Jun 4, 2025
Komeito to propose sales tax cut on food, Yomiuri reports
A Komeito official confirmed the report, saying the tax cut idea will be among proposals in the campaign pledge due on Friday.
Elon Musk looks on during a news conference with U.S. President Donald Trump in the Oval Office of the White House in Washington on Saturday. Musk has dubbed Trump's sweeping tax and spending bill as a "disgusting abomination."
WORLD / Politics
Jun 4, 2025
Trump's 'big, beautiful bill?' Musk calls it a 'disgusting abomination.'
The Tesla and SpaceX CEO says the U.S. president's sweeping tax and spending bill will increase the federal deficit.
Arrows lead to the tax-free counter at a branch of discount retailer Don Quijote in Tokyo's Shibuya Ward.
JAPAN / Politics / FOCUS
Jun 4, 2025
Is Japan ready to say goodbye to tax-free shopping?
Amid widespread abuse of Japan’s tax-free shopping system, a group of Liberal Democratic Party lawmakers are mulling over its possible abolition.
LDP Secretary-General Hiroshi Moriyama speaks during an event in Nakatane, Kagoshima Prefecture, earlier this month.
JAPAN / Politics
May 24, 2025
LDP holds meeting to let proponents of tax cut blow off steam
The LDP leadership has decided not to include a consumption tax reduction in its campaign pledges for the upcoming Upper House election.
Prime Minister Shigeru Ishiba takes part in deliberations on pension system reform in the House of Representatives on Tuesday. Ishiba’s comparison of Japan’s finances to Greece’s during a tax debate drew backlash for spooking markets and misrepresenting the country’s debt situation.
COMMENTARY / Japan
May 22, 2025
Ishiba's Greece debt comparison risks deeper crisis
Prime Minister Shigeru Ishiba’s comparison of Japan’s finances to Greece’s during a tax debate drew backlash for spooking markets and misrepresenting the country’s debt situation.
As Japan confronts global economic shifts and mounting fiscal pressures, its upcoming election risks being consumed by a stale, politically fraught debate over the consumption tax.
COMMENTARY / Japan
May 21, 2025
Don’t reopen the ‘demon's gate’ debate in Japan
As Japan confronts global economic shifts and mounting fiscal pressures, its upcoming election risks being consumed by a stale, politically fraught debate over the consumption tax.
If tax exemptions are revised, small parcels containing products bought from Shein and PDD Holdings' Temu shipped into Japan could be subject to the country’s sales tax, which mostly stands at 10%.
BUSINESS / Economy
May 20, 2025
Japan considers taxing small parcels as Shein and Temu expand
An experts group has discussed problems related to existing exemptions, including concerns about the channel being a conduit for illegal drugs and counterfeit goods.
Magnitude 5.5 earthquake jars Tokara Islands amid flurry of seismic activity
A strong quake struck off the Tokara Islands on Thursday afternoon, with the island chain having recorded around 1,000 earthquakes since a burst of seismic activity first began on June 21.
Onosato's yokozuna promotion causes rare quirk in new sumo rankings
Newly promoted yokozuna Onosato holds a copy of the latest banzuke ranking in Anjo, Aichi Prefecture, on Monday.
A prophesied disaster (likely) won’t strike Japan this weekend
A viral manga prediction of a July 5 disaster has gripped Japan with anxiety and triggered an economic impact, but experts warn that while such dates are unreliable, the threat of a massive earthquake remains real. 
Over 900 earthquakes strike Tokara islands in space of two weeks
A screenshot shows many quakes occurring in the Tokara islands over the past 30 days, in this image taken from the U.S. Geological Survey website.
Ghibli’s Isao Takahata exhibit shows how beloved anime is made
“The man who planted Japanese animation” exhibition includes a variety of sketches, drawings and animation cels from Isao Takahata films such as color design for characters by Michiyo Yasuda from "Grave of the Fireflies."
Ghibli’s Isao Takahata exhibit shows how beloved anime is made
“The man who planted Japanese animation” exhibition includes a variety of sketches, drawings and animation cels from Isao Takahata films such as color design for characters by Michiyo Yasuda from "Grave of the Fireflies."
Flag football facing challenges and opportunities ahead
Japan’s women’s flag football team at the 2025 International Bowl in Los Angeles in June. The sport is enjoying continued growth in the country.
From Hokusai’s Great Wave, shinkansen to One Piece: a cultural treasure box for Lego Japan
Michael Ebbesen, general manager of Lego Japan, says Lego bricks based on Japanese culture have a rich global appeal and are sellable around the world.
With farmed fish, RelationFish swims against the tide in fine dining
Chef Hideaki Matsuo (middle) and the staff of Oseto Suisan Fisheries prepare to check on their sustainably farmed fish.
As Southeast Asia heats up, a Japanese cooling giant sees a major opportunity
An employee of Daikin Cambodia explains the use of different tools during an air conditioner installation training session in Phnom Penh. Daikin is one of Japan’s oldest air conditioning companies, but as Japan’s population falls, the firm is keying in on overseas growth.

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One of the many entrances to the Kabukicho neighborhood in Tokyo’s Shinjuku Ward.
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