Nearly 40% of Japanese prefectural governments are stepping up to help local businesses battle the pressures of U.S. tariffs. A recent Kyodo News survey reveals that 18 out of 47 prefectures have already rolled out financial aid programs, while nine more are gearing up to offer similar support.
Innovative measures are in play: prefectures like Tottori and Fukuoka have introduced specialized loan programs, and an impressive 90% have established consultation services to guide small and mid-sized enterprises, as well as key sectors like agriculture, forestry, and fisheries.
Local authorities express growing concern over the sustained economic impact, urging the central government to continue negotiations with the U.S. and provide further financial support. This proactive strategy not only safeguards local industries but also encourages diversification in export destinations. Stay tuned as these developments shape the future of Japan’s business landscape! 🚀💼
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40% of Japanese prefectures offer aid amid U.S. tariffs: survey
cgtn.com
