Japan PM wary of pre-election inflation-fighting consumption tax cut

Prime Minister Shigeru Ishiba expressed caution about a consumption tax cut as an inflation relief step on Sunday, suggesting such a reduction in tax revenue would cause a serious drain on state coffers. https://english.kyodonews.net/news/2025/05/bf19be9d1900-japan-pm-wary-of-pre-election-inflation-fighting-consumption-tax-cut.html