Japan needs stimulus steps if it raises sales tax: U.S. economic adviser

Japan needs stimulus steps if it raises sales tax: U.S. economic adviser

David Romer (R), a professor of the University of California at Berkeley, speaks in a meeting with Japanese Prime Minister Shinzo Abe and Finance Minister Taro Aso in Tokyo on May 19, 2016. His wife Christina Romer (2nd from R), also a UC Berkeley professor and a former chair of the White House Council of Economic Advisers, said Japan can reduce the negative effects of a consumption tax hike on the economy by taking stimulus measures if it goes ahead with the tax hike in April 2017 as planned. (Kyodo) ==Kyodo

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