Japan’s ruling Liberal Democratic Party is weighing a sharp rise in defence spending as pressure from US President Donald Trump and deteriorating regional security conditions force Tokyo to reassess how much it must do to protect itself.
The party is expected to debate raising outlays to as much as 5 per cent of gross domestic product, a level that would bring Japan in line with many Nato member states and mark another major shift for a country that had long kept defence spending close to 1 per…
