Will Japan lower its food consumption tax in 2026?

Before Jan 1, 2027 If Japan has agreed to or announced any reduction, suspension, or elimination of the current national 8% food consumption tax before Jan 1, 2027, then the market resolves to Yes. An agreement or announcement qualifies if it involves formal signing of treaties, parliamentary approval with binding effect, official ratification, formal commitment by the head of state/government with constitutional authority, official statements by authorized ministers, official press releases, f