Japan Eyes Defense Spending Worth 3.5% of GDP After US Pressure

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Japan is considering a new mid-term defense spending target of 3.5% of GDP in line with NATO and other US allies, a move that could send a shockwave through financial markets concerned about Prime Minister Sanae Takaichi’s spending plans.

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https://www.bloomberg.com/news/articles/2026-09-15/japan-eyes-defense-spending-worth-3-5-of-gdp-amid-us-pressure
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