Local News

Kitakyushu Announces Aid For SMEs Hit By U.S. Tariffs

In response to U.S. tariff measures often referred to as “Trump tariffs,” Kitakyushu City has announced support initiatives for local small and medium-sized enterprises (SMEs) affected or potentially impacted. Mayor Takeuchi detailed the plan on May 12, which includes increased subsidy rates under existing growth support programs. The measures aim to assist firms expanding to non-U.S. markets and developing new businesses. The program is budgeted at ¥50 million and expects to support around 50 local companies, particularly in manufacturing and food sectors. Additional support via a supplementary budget is also under consideration. Source: KBC

Kitakyushu Announces Aid For SMEs Hit By U.S. TariffsPhoto from Kitakyushu City official photo gallery

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Category
Business
Kitakyushu
Published: May 13, 2025 / Last Updated: May 13, 2025

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