Japan’s Takaichi pushes to scrap food tax, ignoring economists’ warnings

When Sanae Takaichi strode into her first press conference as Japan’s reappointed prime minister on Wednesday, she delivered a clear message to the economists and editorial boards warning her away from her signature tax pledge. Food consumption tax is going to be scrapped, and nothing is going to stop her. Formally confirmed in office after the Diet voted to reappoint her – following a landslide victory in the House of Representatives election on February 8 – Takaichi reiterated her commitment...

By Julian Ryall