What would you do if the price of groceries increase by 20% next year? After Mr. Trump’s victory in the election, I am concern that his policies might lead Japan into a difficult future. His protectionist trade policy could cause higher tax on Japanese exports, damage the economy. Additionally, inflation in the United States might rises the cost of imported goods, which would likely affect the price of food and daily essentials. Such change could place heavy burden on our daily life. Could this situation even lead to issues beyond the economy, such as public safety concern or immigration problem? I worry Japan may faces a significant recession and further strain on household like mine. How do you think Japan should prepare for these change?
