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

Japanese Prime Minister Shinzo Abe speaks in a meeting with U.S. economics professors in Tokyo on May 19, 2016. Christina Romer, 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 economic stimulus measures if it goes ahead with the tax hike in April 2017 as planned. (Kyodo) ==Kyodo

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