Japanese PM Takaichi says they are going to mull a tax cut with a refundable tax credit system; Japan seeks to deepen economic cooperation with the US

Japanese PM Takaichi says they are going to mull a tax cut with a refundable tax credit system; Japan seeks to deepen economic cooperation with the US.

This announcement from Japan's PM indicates a potential easing of fiscal policy through tax cuts, which could stimulate domestic demand. Additionally, the emphasis on deepening economic cooperation with the US may foster stronger bilateral trade ties, particularly in commodities, which could have implications for metals prices given Japan's position as a significant consumer.