In the June issue of the RIETI Report, we present the column "How much harm will Japan's next VAT rate increase inflict on the economy?" originally published on VoxEU by David Cashin of the Federal ...

Countries with VAT include Germany at 19 percent, France at 20 percent, Japan at 10 percent, and China at 13 percent. The highest VAT in the world is Hungary at 27 percent. The U.S. does not have ...

Japan's Nikkei share average slumped to an eight-month low on Thursday after U.S. President Donald Trump revealed a broad set of reciprocal tariffs, including a larger-than-anticipated 24% levy on ...