Published Jul 27, 2026, 8:44 PM ET · Updated 4 months ago · 1 source

Japan’s Takaichi to Order Food Tax Cut to 1%, Reports Say

bloomberg
bloomberg
·
Original Report

The Japanese government plans to cut the sales tax on food and beverages to 1% for two years starting next April, according to local media reports, delivering one of Prime Minister Sanae Takaichi’s signature election pledges after months of political wrangling.