Japan PM Ishiba: Cash handout is quickest and most effective way to help with high prices

Japan PM Ishiba:

• Cash handout is quickest and most effective way to help low income household cope with high prices

Ishiba has been making extended remarks, but that one above on cash handouts probably the most interesting. It'd go some way toward supporting household consumption.

• G7 needs to show solidarity to deal with world’s problems
• Told G7 leaders’ summit we can never tolerate Iran’s nuclear weapon development
• Confirmed G7 cooperation against North Korea’s nuclear missile development, crypto hacking
• Agreed with US President Trump to continue ministerial-level tariff talks
• Will continue to work intensely to achieve trade deal with US
• Agreed with South Korea President Lee to closely work together on stable bilateral relations
• Agreed with South Korea President Lee to promote further cooperation on North Korea
• Will attend NATO summit in Netherlands next week
• Has not reached tariff agreement as a package with us
• Some disagreements remain with us on tariff talks
• Seeking trade deal that benefits both countries while defending Japan’s national interest
• Japan, US were seeking breakthrough in trade deal until last minute

There is an imminent election in Japan:

• The 2025 Japanese House of Councillors election is scheduled by July 22